Brazil is auctioning airports in what the government describes as a bid to raise investments and modernize infrastructure.
Sixteen airports will be auctioned — including Congonhas in São Paulo, and Santos Dumont in Rio de Janeiro — by the end of 2022, the government said in a tweet Wednesday.
They add to the 34 airports already auctioned by Brazil since 2019, which raised around 34 billion Brazilian real (US$ 6 billion), the government said.
“It is strategic for Brazil to transfer control of airports to the private sector in order to increase investments and the quality of services,” it added.
By Hande Atay Alam, CNN