Brazil's Privatization Program Foresees Privatization in Nearly All Sectors

Brazil’s Privatization Program Foresees Privatization in Nearly All Sectors

Written by Paulo Nogueira

Published on 13/02/2019 at 09:27

Updated on 13/02/2019 at 09:28

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Even Water, Sewage, and Lottery Institutions Will Join the Government’s Privatization Program in 2019, Alongside Various Other Sectors

The new Brazilian government is embarking on a program to sell stakes and grant concessions in more than 100 state-owned entities as part of its effort to pay off Brazil’s public debt and reduce the government’s role in the economy. The privatization program 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 stakes in companies operating in the following industrial sectors:

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Brazil’s Privatization Program Foresees Privatization in Nearly All Sectors

Even Water, Sewage, and Lottery Institutions Will Join the Government’s Privatization Program in 2019, Alongside Various Other Sectors

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Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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Brazil’s Privatization Program Foresees Privatization in Nearly All Sectors

Even Water, Sewage, and Lottery Institutions Will Join the Government’s Privatization Program in 2019, Alongside Various Other Sectors

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

Country ‘tears’ the sea with 340-meter underwater tunnels under the Atlantic to capture saltwater and build a megaproject capable of producing up to 100 million liters of drinking water per day in West Africa.

The coastal El Niño is not the classic El Niño, but it already raises a question in Brazil: can the phenomenon alter rain, heat, and winter?

The commander of the Brazilian Army publicly admitted that the country now perceives real threats in South America, something that, according to him, did not exist in the past, and advocates for the increasing use of drones and technology to secure the borders.

In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.