Suchergebnisse

In this article, the author discusses financial questions deemed as key issues, in highway privatization projects in Brazil. Expected returns, compared tariffs, costs, demand and capital structure are the core on this work. The author performs a simulation exercise based on one of the cases most frequently remembered as a candidate to privatization in the State of Sao Paulo: the system comprising the Anchieta and the Imigrantes highways, which make a connection between the city of Sao Paulo and the city of Santos, on the coast. The conclusions indicate that it is a feasible undertaking, provided that some restrictions are included in its design