Brazil to Privatize Six Terminals

The government of Brazil has revealed its plans to launch the second procedure for privatization of six port areas in an effort to attract investment and development funds, the country’s Secretariat of Ports (SEP) said.

The privatization is expected to start on March 31, 2016, when the lease tenders for six north terminals would be opened.

Brazil estimated that around USD 443 million will be collected under the privatization plans.

Of this, some USD 366 million would be designated for investment in new terminal facilities, while USD 51 million of leasing fees would be paid to state port authorities over the 25-year period.

The areas in question are three grain terminals at the port of Outeiro in Belem, one terminal at Vila do Conde, one grain and one fertilizer terminal at Santarém.

Additionally, Brazil has received the permission to put up 20 more areas on tender for privatization as soon as the country defines these areas.

These tenders, estimated at a total worth of some USD 500 billion, are expected to be opened by the end of the year and would include the terminal in Santos.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Nov 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Offshore Wind Europe 2018

The Offshore Wind Europe speaker line-up is supported by executives who are leading the charge…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Petrochemical Supply Chain & Logistics Conference & Exhibition

The Petrochemical Supply Chain & Logistics Conference & Exhibition (15 – 16th November, Houston) is positioned at the forefront of the booming Petrochemical industry in North America.

This industry leading event is regarded as the most significant meeting place for supply chain & logistics professionals, where they meet to do business.

More Info

read more >

DREDGING FOR SUSTAINABLE INFRASTRUCTURE

The two-day-long programme offers six highly interactive sessions with contributions from…

read more >