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Brazil to establish inland waterways agency

Brazil to establish inland waterways agency
Rio de Janeiro: Brazilian President Dilma Rousseff has announced plans to set up “Hidrobras” - a new entity overseeing Brazil’s inland waterway ports, terminals, waterways and locks.

The new agency is to be established amidst claims that the country’s waterways are woefully unexploited, which the Ministries of Transport and Planning asserting that Brazil is using less than a third of its total waterway capacity.

“We are working in a restructuring which has one agency looking after fluvial ports and the maintenance of waterways”, said Paulo Sergio Passos, former Minister for Transport.

The plan is part of a national initiative to raise river transportation, as a percentage of Brazilian transportation, up to 29% by 2025. The underutilised waterway sector made up 14% as of 2010, while road transportation comprised 62%, and railways 24%.