Brazil to End Restriction on Investments in Ports, Valor Says

By Anabela Reis
June 23 (Bloomberg) -- Brazil's President Luiz Inacio Lula da Silva may end in the next few days a restriction that has prevented private investments in ports, Valor Economico reported, without specifying where it got the information.
The projects will be awarded in a public auction but the winners will no longer have to prove there is sufficient cargo to justify the investment, the newspaper said. The existing rule was preventing at least $5 billion in investments, it added.