This Year, at Least 11 Privatization Notices for Electric Power, Ports, Gas, and More Will Be Published by BNDES
Organized by BNDES (National Bank for Economic and Social Development), a list of privatization projects may be released by the end of 2021. At least 11 privatization notices for companies in the electric power, supply, ports, technology, real estate assets, and natural gas sectors will be launched.
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Experts believe that a new round of privatizations will increase foreign participation in state assets. It is believed that the reduction in foreign direct investment until 2020 is a timely response to the COVID-19 pandemic. The exit of some Brazilian companies occurred in the location sector, such as automobiles and other precarious market conditions.
Luiz Claudio Campos, responsible for government and public sector in Brazil and South America at consultancy EY, says that “There is excess liquidity in the international market, increasing capital-intensive investments. There are opportunities in the federal government’s privatization programs, as well as state and municipal concessions. With the approval of the gas legal framework, it is possible that the privatization of the sector will accelerate at the state level.”
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The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.
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Scientists discover why gold remains unrusted for thousands of years and reveal atomic reorganization that reduces reaction with oxygen by up to 1 trillion times
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A gigantic piece weighing 300 tons, equivalent to two Statues of Liberty, was hoisted almost 100 meters high in the interior of Mato Grosso do Sul to complete the largest recovery boiler in the world inside the R$ 23 billion megafactory of cellulose.
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Magazine Luiza sells R$ 50 billion, but Havan profits better: Luciano Hang’s company reaches R$ 3.4 billion in profit and highlights the difference in Brazilian retail.
Elias de Souza, leader of government and public services at Deloitte, said that a large part of the deals announced by Brazil has attracted attention from foreign investments, especially in health units. Elias states that “Factors such as financing release, sales model, and estimates of returns from currency fluctuations influence investor interest.”
Participation in State-Owned Enterprises:
Since the 1990s, companies with foreign capital have played an important role in the privatization of businesses in Brazil, where at least five of the nine privatized companies had 15% or more of their shares held by foreign investors.
The mining company Vale is a strong example, where foreign shareholders hold 57% of the company’s shares. Embraer, the third-largest manufacturer of commercial aircraft in the world, has offices, industrial departments, parts distribution centers, and services in the Americas, Africa, Asia, and Europe, with foreigners holding 15.1% of the shares.

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