Spanish infrastructure firm Ferrovial intends to participate in four international airport concession tenders being planned by Brazil's federal government this year which total some 10.5bn reais (US$3.28bn) in expected investments.
The company plans to compete as a senior partner, according to Ferrovial head Alejandro de la Joya, who added that the federal government first needs to clearly define a concession model for their public-private partnerships, local news service Folhapress reported.
"For us, it only makes sense to invest in a consortium with more than 40% participation or, depending on the rules, more than 50%," De la Joya was quoted as saying in the report.
The executive confirmed that Ferrovial is not planning to acquire any participation in the Guarulhos international airport concession, which is currently facing financial problems.
The four airport concession tenders being planned by Brazil's civil aviation agency ANAC this year include those in Bahia state capital Salvador (pictured above), Ceará capital Fortaleza, Rio Grande do Sul capital Porto Alegre (pictured below) and Santa Catarina capital Florianópolis.
Currently, Ferrovial manages Heathrow airport in London as well as highways in nine countries. The company reported some 8bn euros in revenue in 2015.
Porto Alegre international airport (CREDIT: Infraero)