December 15, 2020 |
Brazil’s Investment Partnership Program (PPI) was established in May 2016 to oversee the privatization and concession auctions of hundreds of government assets ranging from highways and ports, to airports and railways.
During the almost two years since right-wing president Jair Bolsonaro took office in 2019, the government has expanded and accelerated the PPI timetable.
Postal service Correios and telecoms company Telebrás are among the large state-owned enterprises (SOEs) recently added to the PPI pipeline, joining other soon-to-be-privatized SOEs including power company Eletrobras and the operator of the Port of Santos.Following the introduction of a new sanitation law in July, three sewa
The Investment Partnership Program (PPI) is spearheading an ambitious government agenda of privatizations and concessions auctions of key infrastructure and is expanding into social services, but with mixed results