2.07.2012

OVERHAUL / REMODEL / REFORM

Brazil seeks investors to overhaul airports
Right now many of its airports are barely up to the task of handling rapidly growing domestic air traffic, but Brazil has begun a process of inviting in private investors and granting concessions to renovate and manage airports across the country. Infraero, a government corporation that runs many Brazilian airports, will maintain a 49 percent stake in the joint ventures formed with investors.