Veirano Advogados: Updates on Next Round of Brazilian Airport Auctions

Veirano Advogados: Updates on Next Round of Brazilian Airport Auctions

Chamber Member News Post Date: 08/09/17 Source: Veirano Advogados By: Veirano Advogados
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Summary

The Brazilian Federal Government has announced that Santos Dumont airport will be included in the next round of airport auctions. The airport, which registered 9 million passengers in 2016, is considered one of the most important of the Brazilian Airport Infrastructure Company ("INFRAERO"). The minimum bid should be BRL 1.7 billion, but the Government expects to raise approximately BRL 2.2 billion in investments with the concession of this airport for a term of 30 years.

Details on the bidding procedures for this airport are due to be released by the end of this month and the bidding is expected to take place until July 2018.
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