Brazil: Galeão and Confins Airports
This series showcases how the World Bank Group supports the development and implementation of public-private partnerships. This support comes in the form of public sector loans, private sector finance, sector and transaction advice, guarantees, and output-based aid.
Brazil’s second round of airport concessions will increase operational efficiency, improve the level of service to international standards, and expand the infrastructure capacity of two major Brazilian airports: Galeão and Confins, located in Rio de Janeiro and Belo Hori- zonte, respectively. The Galeão airport transaction closed on April 2, 2014, followed by the Confins transaction, which closed on April 7, 2014.
The consortium Aeroportos do Futuro, composed of Odebrecht and Changi Airport Group, was awarded the Galeão airport. For Confins, the concession was awarded to the Aerobrasil consortium, composed of CCR/SA and Flughafen Zurich AG.
The Brazilian Private Sector Partnership Program, a partnership between IFC, the Brazilian Development Bank (BNDES), and the Inter-American Development Bank (IDB), together with Estruturadora Brasileira de Projetos (EBP), a company established by the major banks in Brazil and BNDES, provided support for the advisory work.
