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Home Ports of Rio and Itaguaí received a colossal investment of R$2,5 billion for expansion and modernization 

Ports of Rio and Itaguaí received a colossal investment of R$2,5 billion for expansion and modernization 

1 March 2024 to 17: 32
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ports, investments, Rio de Janeiro
Photo: reproduction Diário do Rio

The investments made by PortosRios have as their main objective the expansion of the ports of Rio and Itaguaí. Know more!

Companhia Docas do Rio de Janeiro, known as PortosRio, is about to start a new chapter in its history with investments of R$2,5 billion in six areas to be tendered in ports of Rio and Itaguaí, in Rio de Janeiro. These investments will not only drive the expansion and modernization of ports, but will also generate hundreds of jobs in the region.

The areas to be tendered in the ports of Rio and Itaguaí, in Rio de Janeiro, include the expansion of railway branches and a special highlight for a new mineral terminal in Itaguaí. The CEO of PortosRio, Francisco Martins, highlights that these investments will consolidate Itaguaí as the largest public port exporting iron ore in Brazil. Furthermore, they will strengthen PortosRio's cash flow and investment capacity, contributing to the local and national economy.

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Port of Itaguaí: potential and investments in Rio de Janeiro

The Port of Itaguaí, opened in 1982, stands out as one of the country's main ore export hubs, in Rio de Janeiro. With a handling capacity of 3,5 million tons and 13 thousand TEUs of containers, the port is already recognized for its movement of bulk and cargo in general. 

With the new investments, Itaguaí will see the installation of new cargo terminals, unloading and tanking of solid and liquid bulk, further strengthening its position in the market.

Port of Rio: challenges and expansion projects

Despite physical limitations, the Port of Rio also has ambitious expansion plans. One of the projects under study is the construction of a structure over the mirror of Guanabara Bay, which could increase the port's retro area fivefold. 

This expansion, if carried out, will significantly contribute to improving the port's efficiency and increasing its cargo handling capacity.

Commitment to development and efficiency

PortosRio is committed to the development and efficiency of Rio de Janeiro's ports. In addition to investments in Itaguaí and the Port of Rio, the company will complete, in 2024, the dredging of the Gamboa pier, in Rio de Janeiro, and the 366 channel, which will allow the docking of larger container ships. These works, financed by the PAC, demonstrate the government's commitment federal government with the improvement of the country's port and logistics infrastructure.

Future perspectives and challenges

For the future, PortosRio aims to create an attractive business environment for Rio's ports, aiming to increase their revenues and attract new investments. Furthermore, the company is focused on resolving labor liabilities and other debts that have been dragging on for years, ensuring its financial and operational sustainability.

In summary, the investments of R$ 2,5 billion in the ports of Rio and Itaguaí mark the beginning of a new phase of expansion and modernization, boosting the economic development of the region and strengthening the position of the ports of Rio de Janeiro on the national and International.

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