SAO PAULO Dec 9 The Brazilian government will
extend subsidized credit to companies interested in bidding for
airport operating licenses so long as they agree to strict
governance requirements and to hire an independent advisor to
monitor project execution.
State development bank BNDES said in a statement
that the terms were part of new policies aimed at boosting
transparency for the government's upcoming infrastructure
BNDES could provide up to 40 percent of the debt portion of
airport licensing projects at a below-market interest rate known
as TJLP, the statement said.
(Reporting by Guillermo Parra-Bernal)