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Privatization of five Brazilian port authorities will attract US$ 3.5 billion in investments

RIO DE JANEIRO, BRAZIL - The sum of R$20 billion - a little more than US$3.5 billion - is the number of investments projected during the privatization or divestiture process of five port authorities in Brazil. This was detailed by Diogo Piloni, National Secretary of Ports of Brazil.

The senior official commented that "if we make a summation of the investments planned in these five projects, we are talking about R$20 billion that will be used to improve the infrastructure of our ports."

"I would say that we are programming a new opening of Brazilian ports for, mainly, investments . . .

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