4-Jan-2011 12:12 PM

Infraero could be allowed to conduct IPO

Brazil's President Dilma Rousseff, who took office on 01-Jan-2011, could reportedly sign an decree this month to enable Infraero, Brazil's airport authority to conduct an IPO, as part of efforts to boost private investment in the industry (Folha de S Paulo, 03-Jan-2010). Brazil’s new President has pledged to rebuild roads, ports, railways, power plants and electricity distribution lines to bolster the nation’s economic growth.