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Porto Alegre International Airport

Sector: Airport • Location: Brazil

Source: World Bank Group

Project
Active

The project involves the privatization and operation of Porto Alegre International Airport in Rio Grande do Sul. Fraport Brasil Porto Alegre is the project company, owned by Fraport AG, undertaking the project. Fraport AG won concession in March 2017 during a public auction of four airports under Brazil’s third round of airport privatizations. The criterion for selecting the winning bidder was t

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The project “Porto Alegre International Airport” is an infrastructure initiative in the Airport sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the privatization and operation of Porto Alegre International Airport in Rio Grande do Sul. Fraport Brasil Porto Alegre is the project company, owned by Fraport AG, undertaking the project. Fraport AG won concession in March 2017 during a public auction of four airports under Brazil’s third round of airport privatizations. The criterion for selecting the winning bidder was the highest investment over the concession contract. Fraport Brasil Porto Alegre will invest some BRL 600 million ($181 million) in the airport. Fraport will operate the airport for a period of 25 years. Fraport will pay a fixed fee amounting to five-percent of the airport’s annual revenue. Transaction closed on September 19, 2018. https://ijglobal.com/data/transaction/33633/porto-alegre-international-airport-privatisation https://www.fraport.com/content/fraport/en/our-company/media/newsroom/news-releases/fraport-brasil-begins-operations-at-fortaleza-and-porto-alegre-a.html https://www.portoalegre-airport.com.br/pt

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Source reliability

High

Data quality score

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More Details

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