Second Life in PPPs for Failed Concessions: Rousseff

Second Life in PPPs for Failed Concessions: Rousseff

Brazil Economy & Policy Project & Infrastructure Finance

Brazilian infrastructure concessions that fail to attract bids at auction could be offered as public-private partnerships instead, President Dilma Rousseff told investors in New York Wednesday. Rousseff made particular reference to the BR-262 project in Minas Gerais and Espirito Santo that was auctioned earlier this month without a single bid. “Initially, the investors believed it was viable, but they later began to worry about the amount of the toll. We’re reviewing if this needs to become a PP

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