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Home International Customs Brazil

Brazil to tender $477 mln port terminal concessions

byCT Report
26/02/2016
in Brazil, International Customs
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BRASÍLIA: Brazilian ports minister Helder Barbalho announced that the country’s special ports department, SEP, will launch port terminal concession tenders on March 31 which call for a total of 1.77bn reais (US$477mn) in investments. Approximately 1.46bn reais will be invested at new terminal facilities and some 203mn reais will be needed to pay leasing fees to state port authorities during the 25-year concessions, SEP said in a release.

A total of six areas will be leased out at the three port facilities. They involve three grain terminals at Outeiro in state capital Belém, one grain terminal at Vila do Conde, and two more at Santarém, being one for grains and the other for fertilizers. Meanwhile, federal audit court TCU approved tenders for another 20 areas. The exact areas should be defined before the launching of the aforementioned tenders.

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