Brazil guarantees investments in ports

The Brazilian government has signed leasing contracts that guarantee nearly R$ 1 billion in investments in the Brazilian port sector during 25-year long contracts. Lessees will operate in terminals in the ports of the states of Pernambuco, São Paulo and Rio Grande do Norte.

Suape, in Pernambuco, a medium-sized terminal, handles bulk vegetables such as wheat, corn, sugar, malt and barley, as well as bulk miners such as petroleum coke and general cargo. Already well-equipped, R$ 59.8 million will be provided for specific infrastructure improvements.

In the Port of Santos, São Paulo, R$ 764.8 million will be invested into the STS11 terminal’s brownfield area of 98,159 square meters. The terminal stores solid vegetable bulk, especially sugar, soybeans, corn and soybean meal.

In Rio Grande do Norte’s Tersal terminal, through which all sea salt produced in Brazil is transported, R$ 164.11 million will be in invested on facilities and equipments, increasing the terminal capacity from 90k to 150k tons; and dredging to deepen the access channel.