The concession auction for the northern section of the Rodoanel, scheduled for this Wednesday, was “temporarily suspended”, said the government of the state of São Paulo, which claimed the impact of macroeconomic uncertainties in attracting investors.
“The scenario of rising inflation, high interest rates and scarcity of inputs imposes the temporary postponement of the North Rodoanel auction so that the concession model can be adapted to the current national situation”, the São Paulo government said in a statement on the state agency’s website. of transport, Artesp.
The government specifically mentioned the high inflation in the civil construction sector and the high Selic, the basic interest rate, as some of “the obstacles to long-term credit for investors – which has become more expensive and unattractive”.
