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Brazil's Rio Grande do Sul state plans new airport PPP auction

Bnamericas
Brazil's Rio Grande do Sul state plans new airport PPP auction

After Thursday’s auction for a 101 million-real (US$18mn) PPP for maintenance and improvement works at the Lauro Kortz airport in Passo Fundo and the Sepé Tiajaru facility in Santo Ângelo, in Brazil’s Rio Grande do Sul state, failed to attract bids, a new offer is being prepared.

“The reconstruction department… will assess the reasons why there are no interested parties and will make the necessary adjustments to the project,” a state press release said.

Rio Grande do Sul created the reconstruction department after unprecedented rains and floods hit the state in May, severely affecting its infrastructure.

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