Could Brazil's 'Car Wash' scandal affect 5 airport concessions?

Monday, December 1, 2014

Brazil's investigation of engineering firms involved in the Petrobras corruption scandal includes four companies with five international airport concessions worth more than 44bn reais (US$17.1bn).

Engevix, Odebrecht, OAS and UTC are among Brazil's biggest construction firms and are now under investigation in the so-called Car Wash case involving the national oil company.

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The federal police announced back in October that it would investigate public concession contracts in the energy, airports, roads and sanitation sectors involving companies linked to the case.


Engevix, which formed the Inframérica consortium with Argentina's Corporación América, holds two airport operating contracts: the 4.5bn reais Brasília airport concession and the 650mn São Gonçalo do Amarante airport concession near Rio Grande do Norte state capital Natal.

The Aeroportos do Futuro consortium - comprising Odebrecht TransPort of the Odebrecht group and Singapore's airport operator Changi - holds a 19bn reais contract to operate Galeão airport in Rio de Janeiro.

OAS, through the Invepar-ACSA consortium, is a partial holder of the 16.2bn-real concession to operate Guarulhos airport near the city of São Paulo.

And UTC, through its Aeroportos Brasil consortium with tollroad operator Triunfo Participações (TPI) and France's Egis Airport Operation, jointly holds a 3.8bn-real contract to operate Viracopos airport in São Paulo state's Campinas city.