Brazilian Port of Santos privatization project faces further delays
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Loading... - Sarah Williams
- 20 Oct 2022
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The acting chairman of the Brazilian Federal Court of Accounts (TCU) and rapporteur of the Port of Santos privatization process, demanded the court’s technical unit a report on the project by November 6. Minister Bruno Dantas signed the order on October 11, stressing the “relevance of the matter” and the “need for timely action”.
“I demand the subject’s initial instruction be completed by 11/6/2022 and sent for consideration by this Rapporteur,” underlined the minister.
The TCU is responsible for analyzing the privatization projects pushed by the Federal government, which traditionally publishes the auction notices only after the court’s approval.
According to Dantas’ decision, the technical area found that the documentation submitted for consideration by the court “contains enough information for the investigation of the case.” TCU’s examiners could send their final decision to the rapporteur until December 9 if they complete the analysis in the usual amount of time.
If everything goes according to plan, it is anticipated that the privatization of the port will be put to the vote in the plenary in November. Nothing, however, prevents a minister from interrupting the debate. As of now, Marcelo Sampaio, the minister of infrastructure, has maintained that the auction could take place this year. Read More...
