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Home BUSINESS NEWS FROM AROUND THE WORLD

Public park concessions are an area of growing opportunity in Brazil

by 198 Japan News
March 21, 2022
in BUSINESS NEWS FROM AROUND THE WORLD
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Public park concessions are an area of growing opportunity in Brazil
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Mar 21, 2022 11:30 4 min read

The Brazilian government will hold an auction this week to renew the concession contract for managing Iguaçu National Park in the southern state of Paraná, home to the iconic Iguazu Falls on Brazil’s border with Argentina.

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The awarding of concessions for public-facing services in parks is a relatively recent phenomenon in Brazil.  There are currently 24 visitor-receiving parks managed by concessionaires, and nearly 90 percent of these were awarded since 2018.  Only three such contracts existed previously. 

Iguaçu was a pioneer. It was the country’s first national park to be handed over to a private company for the management of…

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