The Brazilian government announced it planned to offer 30 new areas for investment at the locations, expanding and modernising terminal facilities. Leases for the facilities are scheduled to be auctioned on 25 November 2013.
The government is expecting some BRL1.6bn in investments at 20 facilities in the state of Para, and BRL1.4bn Reais in investments at 11 facilities in Santos to expand port operations for containers, and dry and liquid bulk. New investments aim at increasing ports' cargo capacity by 48m tonnes annually.
The leasing contracts would include a reference rate of return of 7%, but it could be much more than that if the conditions of the contracts are adequately met. Financing terms for the investments will be set at Brazil's TJLP long-term interest rate plus 2.5 percentage points, over a period of 20 years.
The government would also focus on expanding railroad access, said Ports Minister Leonidas Cristino.
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