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Brazil Announces Second Set of Port Concessions

Posted on April 12, 2016

By Rob Ward,

Brazil’s passionate Ports Minister Helder Barbalho announced that the recently delayed second tranche of port privatizations valued at more than 2.8 billion reais ($763.3 million) would go forward on June 5 at the Sao Paulo bourse.

In his opening speech at the Intermodal South America conference he said Brazil would be able to overcome the political and economic challenges facing the port sector to secure investment through a “big effort.”

The minister has stayed on in his post after his political party, the PMDB, quit the government to start impeachment proceedings related to the Car Wash scandal against President Dilma Rousseff.


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