The content has been shared, if you want to share this content with other users click here.
Development bank BNDES and Brazil's public security ministry are studying a public-private partnership model for the penitentiary sector.
Citing anonymous sources, Folha de S. Paulo newspaper reported that the government seeks private players that build prisons and provide food and clothing to inmates.
The operation of prisons, however, would remain federal responsibility.
A series of riots, due in part to overcrowded jails, shook Brazil's prison system in recent years, causing numerous deaths.
Efforts to attract private players to the prison system look therefore to be challenging.
Hector Gomez Ang, the head of IFC's Brazil operations, told BNamericas that "this is a segment that involves various complex situations so we prefer not participate in projects in this specific area."