Even water, sewage and lottery institutions will enter the government privatization program in 2019, in addition to several other sectors
The new Brazilian government is embarking on a program to sell stakes and grant concessions in more than 100 state entities, as part of its effort to pay off Brazil's public debt and reduce the government's role in the economy. the program of privatization it is managed by the Special Secretariat for Privatization and Divestment, a newly created government agency within Brazil's Ministry of Economy.
The federal government is planning to grant concessions or sell its interests in companies with activities in the following industry sectors:
- How about working 3 days and having 3 days off? Mining company Vale opens selection process requiring high school education for equipment operator positions with remuneration of up to $2.257,00
- Quantum physics advances! Unprecedented experiment shows light traveling through space and time
- Xiaomi's futuristic faucet impresses: It shoots water upwards, lasts 27 years and is here to revolutionize the way you use water at home!
- Dispute between the US and China reaches the pharmaceutical industry: global dispute could make drug prices skyrocket, doubling values in Brazil and impacting millions around the world!
- Airports – Concessions will be granted to administer and operate a total of 12 airports, divided into 3 geographic blocks (Northeast, Midwest and Southeast of Brazil); In addition, the federal government intends to sell its minority shareholding in the entities that are the concessionaires in the 4 largest airports in Brazil – Brasília, São Paulo, Rio de Janeiro and Belo Horizonte.
- Energy – Sale of the government's stake in Eletrobras, which is responsible for 31% of Brazil's power generation capacity and 49% of Brazil's transmission capacity.
- Oil and Gas – Concession to foreign companies to explore all offshore oil basins.
- Portos – Concessions for the operation of certain terminals in various ports in Brazil.
Additionally, we bring the Brazilian government also intends to grant concessions or sell equity in other sectors, including transportation (roads and rail), mining, Mint (equivalent to the US Mint and the Bureau of Engraving and Printing), water, and sewage. , financial institutions and lotteries, among other industry sectors.
Some RFPs (Editais) have already been published by the different bodies responsible for each concession or public auction. Each agency is charged with formulating the mechanism by which it will select the winning bidder.