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Port of Santos privatisation to include mega container terminal lease

The privatisation process of the port of. Santos continues to make headlines in the Brazilian media as the Minister of Infrastructure Marcelo Sampaio declared last week that it will include the lease of two key terminals, the mega container terminal STS-10 and STS-53, for fertilisers.

Michele Labrut, Americas Correspondent

October 26, 2022

1 Min Read
Porto de Santos out 2021
Photo: Port of Santos

According to the Minister, the operation draft should be ready to go to the plenary of the audit court TCU by the end of November. If approved, the Ministry expects the call for bids to be published in early December. A total of $4.7bn (BRL25bn) should be invested throughout the entire privatisation process.

Marcelo Sampaio also said that the railways to be built with the federal government’s authorisation without the need for a public tender should start getting off the ground in the middle of 2023. The first company to become the owner and operator of such rail tracks is Eldorado Celulose.

The company applied for authorization at the end of 2021 to build an 89 km rail network that connects Três Lagoas (MS) to Aparecida do Taboado (MS). The expectation of investment in this route is $168m (BRL890m).

The Minister also said that he has already signed the decree that regulates the BR do Mar, a law that seeks to encourage coastal shipping in Brazil. However, its implementation will only occur after the runoff of the presidential elections, next Sunday.

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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