Brazil to Auction Sao Goncalo Airport License in 60 Days
Brazil will auction the license to build and operate the Sao Goncalo do Amarante airport in about 60 days, the first of several airports planned to boost the country’s infrastructure to host the soccer World Cup and the Olympic Games.
The minimum bid value for the facility, to be located in the Northeast state of Rio Grande do Norte, will be 51.7 million reais ($32 million), Rubens Vieira, a director at country’s aviation authority, told reporters in Brasilia today. Total construction and maintenance costs will reach about 650 million reais, he said.
President Dilma Rousseff decided to auction licenses to build and remodel airports in a bid to improve the country’s facilities to hosts the 2014 World Cup and the 2016 Olympic games. The events will demand 140 billion reais in investments in stadiums, roads and other infrastructure projects, Sport Minister Orlando Silva said in April 22.
The winning bidder will have up to three years to construct the airport, and the right to operate it for at least 25 years, Vieira said.
To contact the reporter on this story: Mario Bessa Lima in Brasilia at mlima11@bloomberg.net
To contact the editor responsible for this story: Francisco Marcelino at mdeoliveira@bloomberg.net
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