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BTP announces billion-dollar investment in the Port of Santos

Written by Corporate
Published 20/12/2023 às 19:35
infrastructure at the Port of Santos
Photo: https://pt.wikipedia.org/wiki/Porto_de_Santos
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Concession renewal boosts Port modernization

Brasil Terminal Portuário (BTP) concluded the renewal of its lease agreement at the Port of Santos, officially announced in the Official Gazette of the Union. This agreement, authorized by the Ministry of Ports and Airports and Port Authority of Santos, extends BTP's operation in the port until 2047. As part of this new contract, the company plans to invest R$1,9 billion in the container terminal, one of the largest private investments in port infrastructure in Brazil in the last decade.

Renewal process and financial commitment

The contract renewal request was initiated in May 2021 by BTP, with an initial commitment of R$1,5 billion. After a transparent and rigorous process, which included unanimous approval by the Federal Court of Auditors, the values ​​were adjusted to a total investment of R$1,9 billion, potentially reaching up to R$2,5 billion.

Future vision and capacity expansion

Ricardo Arten, CEO of BTP, emphasizes the company's focus on increasing the terminal's operational capacity by 40%. It highlights BTP's commitment to efficiency, sustainability and innovation, including the acquisition of electrified and more digital equipment. This expansion will allow the terminal to handle up to 2,1 million TEU/year, following ESG (Environmental, Social and Governance) guidelines.

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BEAUTY AND PERSONAL CARE

Detailed investments and environmental impact

BTP's investment plan includes the purchase of modern and electrified equipment, the automation of gates and a broad civil works plan. Pier capacity will be expanded with the acquisition of four new STS (Ship To Shore Crane/Portainer) and the expansion of the container storage area, with a special focus on the reefer area, increasing from 2.128 to around 3.500 refrigerated outlets.

BTP's history and future prospects

Since the beginning of the lease contract in 2007, BTP has invested around R$4,6 billion, including a significant contribution to the environmental remediation of the site. Patricio Junior, president of the Board of Directors of BTP, and Leo Huisman, vice-president of APM Terminals, express confidence in Brazil's potential and business opportunities, emphasizing the importance of predictability and legal certainty to attract more investments.

Job generation and regional development

With the renewal of the contract, BTP expects to generate approximately 500 direct jobs and a thousand indirect jobs during the construction phase. Currently, the company already employs more than 1.500 employees. This increase in the workforce reflects BTP's commitment to economic and social development in the Baixada Santista region.

Ten years of successful operations

In its 10 years of operations, BTP has achieved significant milestones at the Port of Santos, including the loading and unloading of more than 14,8 million TEU and the reception of more than seven thousand ships. The company has established itself as an important link between Santos and ports around the world, reinforcing its crucial role in Brazilian port infrastructure and the global supply chain.

Source:

BTP Press

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