UPDATE 1-Brazil seeks to privatize, pave Trans-Amazonian Highway
President Jair Bolsonaro's government is seeking to overhaul Brazil's poor transportation infrastructure, which raises costs and causes delays for the commodity-exporting powerhouse, by seeking private investors to operate dozens of road, rail and airport projects. Freitas' comments on roadways follow on the heels of a government secretary tasked with creating public-private infrastructure partnerships saying on Monday that the country would privatize more airports in the country's south. That minister, Adalberto Vasconcelos, also aims to secure new investments from miner Vale SA and logistics company Rumo SA this year.
For roadways, five concessions are slated for auction this year with a long pipeline of projects to follow, according to Freitas. BR-262/381 in the state of Minas Gerais, sometimes called the "Road of Death" with the poor state of the road leading to deaths, will also be put on the privatization list next month, he said. (Reporting by Jake Spring; Editing by Lisa Shumaker)
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