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Government Can Privatize Or Liquidate About 100 State-Owned Companies, Says the Minister of Infrastructure

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Tarcisio de Freitas Infrastructure minister 

Infrastructure minister Tarcisio de Freitas said Tuesday, Jan. 8, in a radio interview that the federal government could privatize or liquidate about 100 state-owned companies as a means of raising funds and reducing expenses.

According to Freitas, the number can be reached if the subsidiaries are considered in state institutions such as the National Bank for Economic and Social Development (BNDES), Banco do BrasilCaixa, and Eletrobras.

Obviously we are not talking only about privatizations, but also about liquidations of companies that do not make so much sense today, and the government is obviously raising a series of such situations to also promote liquidations, which in a way will relieve the Budget. the Budget is left with the money to invest in other priorities, Freitas said.

The minister also said that his ministry is studying 5,600 kilometers in new highway concessions, as well as 4,000 kilometers of current concessions that are subject to plans for future re-engagement.

We have to take all the stretches that have the possibility of commercial exploitation and move to the private sector through the concession and through the public-private partnership (PPP). This will make it possible for the private sector to make available to the private sector almost 9,000 kilometers of highways,