Creation of fund guarantees public-private partnerships

15/09/2005 - 23h38

Mylena Fiori
Reporter - Agência Brasil

Brasília - The transportation sector should be the first to receive investments through Public-Private Partnerships (PPPs), following the approval, yesterday (15), of the projects Guarantee Fund by the PPPs Administrative Committee.

At a meeting on Tuesday (13) with representatives of the National Confederation of Industry, the minister of Planning, Paulo Bernardo, revealed that the government is getting five projects ready for PPPs.

They are: the North-South Railway; the section of the BR-116 federal highway between Minas Gerais and Bahia; the Rio de Janeiro highway loop; work on the São Paulo Railway Loop; and the railway branch between Guarapuava and Ipiranga, in Paraná.

According to the minister, the first announcements calling for proposals are expected to be published by the end of this year. Consequently, the government is working with the assistance of international agencies, such as the Andean Development Corporation (CAF) and the Inter-American Development Bank (IADB) to prepare the legal and economic-financial model for the PPPs.

Translation: David Silberstein