The Associated Press January 3, 2011, 11:00AM ET

Report: Brazil's president to privatize terminals

A Brazilian newspaper is reporting that newly inaugurated President Dilma Rousseff has moved to privatize new terminals in Sao Paulo's two airports to prepare for the 2014 World Cup and the 2016 Olympic Games.

The Folha de Sao Paulo newspaper reports that the measure would ease the flow of travelers through the airports of Guarulhos and Viracopos, among the nation's busiest. Congress must approve it.

The newspaper report published Monday says the president has started discussions with airlines interested in building and running the terminals, such as TAM and Gol. The companies would run the terminals for 20 years.

Officials at the airport regulation agency referred questions Monday to the president's office, where no one could be reached immediately.

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