Brazil calls off Fortaleza port concession auction

Brazil calls off Fortaleza port concession auction

Project & Infrastructure Finance Economy & Policy Regulation Politics Brazil Coronavirus

Brazilian waterways transport agency ANTAQ said on Monday that it cancelled the auction for a passenger terminal concession at the port in Fortaleza, the state capital of Ceará, due to the outbreak of the coronavirus disease COVID-19.ANTAQ had planned to award the 25-year, BRL1.6 million ($315,000) concession on March 27. It has not set a new date for the auction.Brazil has seen a sharp rise in the number of confirmed cases of COVID-19 in recent weeks as federal, state and city governments strug

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