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Grant Renewal Drives Port Modernization
Brazil Terminal Portuário (BTP) celebrated the renewal of its leasing contract at the Port of Santos, officially announced in the Federal Official Gazette. This agreement, authorized by the Ministry of Ports and Airports and the Port Authority of Santos, extends BTP’s operation at 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 request for contract renewal 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 Accounts, the amounts 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 operational capacity of the terminal by 40%. He 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 TEUs per year, following ESG (Environmental, Social, and Governance) guidelines.
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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. The quay 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 Outlook
Since the start of the leasing contract in 2007, BTP has invested about R$ 4.6 billion, including a significant contribution to the environmental remediation of the site. Patricio Junior, Chairman of the Board 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 security to attract more investments.
Job Creation and Regional Development
With the renewal of the contract, BTP expects to create approximately 500 direct jobs and a thousand indirect jobs during the construction phase. Currently, the company already employs over 1,500 employees. This increase in 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 over 14.8 million TEUs 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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