Lula’s team recommends ending the Petrobras privatization process

The final report was submitted on Thursday (22) by the transitional team to the elected president Luiz Inacio Lula da Silva (PT) indicates that state-controlled corporations may have privatization Canceled in 2023.

The recommendation is to halt privatization plans PetrobrasCorreios, Empresa Brasil de Comunicação (EBC), Nuclebrás Equipamentos Pesados ​​(Nuclep), Brazilian Oil and Natural Gas Management Corporation (PPSA) and National Supply Corporation (Conab).

“The proposal is to review the list of companies that are in the process of preparation and that have not yet completed their privatization processes. It is suggested that the President of the Republic issue an order directing the responsible ministries,” the document stated.

Each of these state-owned companies is at a different stage of the privatization process — some of which have not even begun — and it is now a matter of paralyzing everything. And Lula had already confirmed, in more than one speech, that his government would put an end to privatization plans, and that foreign companies are welcome, as long as they come to invest in the country, and not to buy national state-owned companies.

“Privatization will end in this country. They have already privatized almost everything, but it will end and we will prove that some public companies will be able to show their profitability,” the president-elect said in a speech on December 13.

Santos port

At least one other state-owned company that will cease operation is the Santos Port Authority (SPA), formerly Codesp, which controls the port of Santos. Yesterday, the future Minister of Ports and Airports, Marcio França, announced that the concession operation for the Port of Santos, which was in progress, would also be cancelled.

Like the Estadao He revealed that the future governor of Sao Paulo, Tarcisio de Freitas, who ran the project when he was infrastructure minister in Bolsonaro’s government, will look for Lula and France for a direct conversation about it, hoping to convince the PT government. That franchising is the best option for port complex growth.