Sao Paulo, Brazil, 8 Feb – Brazil’s National Civil Aviation Agency has netted 24.5 billion reals (US$14.2 billion) from the concessions on the airports in Guarulhos (Cumbica), Campinas (Viracopos) and Brasilia (JK), the Brazilian press reported Tuesday.
The auction, which was carried out at the Sao Paulo Stock Exchange, attracted 11 consortiums that presented proposals for the three airports and which, altogether, account for 30 percent of all passengers and 57 percent of all air cargo in Brazil.
The biggest amount was paid for Guarulhos Airport, of more than 16 billion reals, or a 373 percent premium on the minimum bid, and the concession was awarded to the Invepar consortium, made up of Brazilian pension funds in partnership with South Africa’s ACSA.
Under the terms of the contract, in its 20-year concession period, Invepar will have to invest a minimum of 4.6 billion reals, and the first building work carried out will be a new terminal for 7 million passengers per year.
Viracopos, in Campinas, was privatised for 3.8 billion reals – almost a 160 percent premium on the minimum bid – to the Aeroportos Brasil consortium made up of Brazilian companies and France’s Egis.
The concession period is for 30 years and total investment of 8.7 billion reals. The priority at this airport is also to build a new terminal for 5 million passengers.
Brasilia Airport was awarded for a total of 4.5 billion reals – 673 percent more than the minimum bid – and the winning consortium was Inframérica made up of Brazilian company Infravix and Argentinean airport operator Corporación America.
During the 25-year concession period the airport will receive investments of 2.8 billion reals and, once again, the priority project is to build a new terminal with capacity to handle 2 million passengers.
Brazilian state company Infraero Aeroportos will take a stake in all the consortiums and take a 49 percent share of each newly privatised airport. (macauhub)