One of the trademarks of the first year of the Jair Bolsonaro government has been its concerted push to encourage privatizations and public-service concessions, thus attracting more and more investment.
The administration’s latest move in this direction has been to submit a series of legislative proposals to the lower house to alter rules on public-service concessions and public-private partnerships—one of which is the creation of a new form of simplified concessions.
The model establishes a differentiated regime for concessions with a capital expenditure of less than BRL 50 million, allowing for simplified studies, online public consultations, and waiving the...