São Paulo government looking to privatize coastal highways

BNamericas reports that “in addition to the airports, the government is also analyzing the possibility of privatizing railroads that were not in the plan, as well as the branch of electronic bets of the federal lottery, which are likely to produce R$ 6 billion (US$ 1.9 billion) in concessions and R$ 4 billion in taxes (US$ 1.25 billion).” It is also looking at privatizing coastal highways. “Companies interested in the privatization will need to invest in a range of improvements, such as widening roads and construction of new bypasses, and not merely spend on maintenance, said Giovannni Pengue Filho, president of state highway regulator Artesp.” [Sub required]