São Paulo Approves Auction of 14 Ferry Crossings, Attracting R$ 1 Billion Investment

The São Paulo government, led by Governor Tarcísio de Freitas, has moved forward with a new round of concessions by approving the auction of 14 ferry crossings. This decision was made during a session of the São Paulo Legislative Assembly (Alesp) on April 15, 2025. The project is expected to attract around R$ 1 billion in investments, marking the 11th privatization initiative under Tarcísio's administration. The approval aims to enhance the management of the state's hydroviary system and improve connectivity across the region.