LatinNews Daily - 27 May 2022

In brief: Brazil hoping for investment boom from infrastructure tenders

* Brazil’s infrastructure minister, Marcelo Sampaio, has told Spanish newswire EFE that the government is expecting to rake in R$100bn (US$20.9bn) from tenders for 44 infrastructure projects over the next six months. He said that amount would be equal to the total volume of private investments secured over the first three and a half years of Jair Bolsonaro’s presidency. Planned tenders ahead of the October general elections include the sale of 15 airports, leases for 19 port terminals, eight roadbuilding projects and six railway projects. Sampaio noted that income from these upcoming auctions will be added to that generated by the Bolsonaro administration’s previous awarding of contracts to operate 36 ports, 34 airports, six roadbuilding projects and eight railway projects, which he said had generated R$100bn and created 1.5m jobs.

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