During a webinar on Thursday 19, The Minister of Infrastructure, Tarcísio de Freitas, said that the National Bank for Economic and Social Development (BNDES) will start studies on the privatization of Companhia Docas da Bahia (Codeba). The Minister said that the bank has agreed to organize the company’s privatization project, without giving any details about the process. The expectation is that the first privatization of a port in Brazil will take place next year, along with a series of massive infrastructure development. The government expects to invest nearly R$ 100 billion, including funds to airports, highways and railways. Freitas said he met foreign investors who were interested in the Ferrogrão construction project, giving no further details, except that the conversation was “excellent”. The 900-kilometer railway project, designed to carry agricultural products from the Central-West to the North region of Brazil, faces questions from the Federal Public Ministry and civil society organizations.
Source: G1
*Translated by Ia Niani