The Brazilian government on Thursday announced plans to privatise nine state-owned companies.
The list includes the Brazilian Post, Sao Paulo state dock company Codesp, telecom company Telebras and public company Dataprev affiliated to Brazil’s Ministry of Social Security and Welfare.
The plan was announced by the office of the president after a meeting between President Jair Bolsonaro and staff of the Investment Partnership Program council.
In addition, the president office also expressed the intention to privatise daycares and prisons.
It said it will also sign concession contracts of the national parks of Jericoacoara and Lencois Maranhenses in northeast Brazil, and renew the concession contract of the Iguacu National Park on the border with Argentina.
According to Brazilian law, state-owned companies cannot be privatised without congressional approval, and an analysis of the Brazilian Development Bank is also critical to Congress decision.
Earlier, it was reported that the government planned to privatise 17 companies until the end of this year.
However, the government denied, saying the privatisation plan has no fixed deadline.
The Brazilian government, which currently owns 130 companies in several areas, also plans to privatise several other companies, including electric company Eletrobras.
Onyx Lorenzoni, Chief of Staff of the Brazil’s largest state-owned oil and gas company, Petrobras, said the administration have not reached a consensus about the possibility of privatising the oil giant. (Xinhua/NAN)
