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Brazil gives green light to public hearings on port concessions involving over US$100mn

Posted on March 18, 2024

Brazilian waterways regulator Antaq authorized the start of public hearings on leasing contracts for three port terminals that are estimated to need investments of 547mn reais (US$110mn).

“The public hearing for RDJ07, located in the port of Rio de Janeiro, will take place from March 25 to May 8. The terminal, which handles offshore support cargo, will receive investment of 101.7mn reais over a 25-year contract,” Antaq said in a release.

The public hearing for the MCP01 terminal in Amapá state’s Santana port is due to open soon, according to the regulator. A total of 84.6mn reais are expected to be invested over 25 years in the terminal, which will handle bulk cargo, especially woodchips.

“The public hearing for MUC04, in the port of [Ceará state capital] Fortaleza, will begin on March 21 and end on May 19. The estimated investment for the terminal is 360.7mn reais. The area is intended for the movement and storage of containers,” said Antaq.

OTHER CONTRACTS 

The regulator also approved the tender for the REC08 terminal in the port of Recife, capital of Pernambuco state.

That process will not need a public hearing as Antaq regards it as a simplified leasing contract.

The terminal will be used for solid bulk, especially malt, wheat and corn. Estimate investment is 50.9mn reais during the 10-year contract.

Finally, the regulator said the operator of Brazil’s busiest port, Santos in São Paulo state, will be responsible for drafting the leasing contract to be offered for the STS33 terminal.

Source

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