According to Minfra, There Will Be a Great 'Revolution' in Investments at the Port of Santos

According to Minfra, There Will Be a Great ‘Revolution’ in Investments at the Port of Santos

Written by Valdemar Medeiros

Published on 17/11/2020 at 12:06

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Minfra States That The Revolution At The Port Of Santos Will Be Perceived In Investment Matters As Well As In Neighboring Port Terminals

“The Port Of Santos Will Undergo A Change That Will Significantly Impact Our Economy And Mainly The Investments Of The Brazilian Port Industry,” Declared The Minister Of Minfra Tarcísio Gomes.

More Than 50 Assets Will Be Privatized According To Minfra

With The Aim Of Attracting More Investments To The Port Of Santos And Other Ports, The Minister Of Minfra States That More Than 50 Assets Will Be Privatized By The Year 2021, Indicating That Four Of These Port Terminals Will Be Privatized In December And Six More Bids Are Already Underway.

“In 2021 We Will Have The Auction Of Liquid Bulk At The Port Of Santos, Maintaining A Greater Focus On Fuels And Gaseous Bulks; This Will Be One Of The Largest Sales Of Assets Regarding Concessions In The Last 20 Years On Brazilian Soil,” Concludes Tarcísio Gomes, Minister Of Minfra.

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Many Investments Will Be Made In The Port Of Santos

In Line With Minfra’s Plan To Change The Brazilian Transport Matrix To More Environmentally Friendly Modalities, The Capacity Of Railways Should Be Increased To 86 Million Tons, Raising The Share Of The Railway Mode In Cargo Handling To 40% Of The Total Moved With More Investments.

Investments By Minfra Are Expected To Amount To R$ 10 Billion Over The Next Five To Ten Years, Divided Into New (R$ 2.5 Billion) And Future Contractors (From 2011, About R$ 5.2 Billion), And Road Access Works (R$ 2 Billion). Approximately 60,400 Jobs Will Be Created For The Construction Of The Planned Port Facilities And Structures, Including New Positions That Will Increase The Port Workforce By 15%, Among Terminal Employees And Casual Port Workers.

According to Minfra, There Will Be a Great ‘Revolution’ in Investments at the Port of Santos

Minfra States That The Revolution At The Port Of Santos Will Be Perceived In Investment Matters As Well As In Neighboring Port Terminals

Read Also

More Than 50 Assets Will Be Privatized According To Minfra

Many Investments Will Be Made In The Port Of Santos

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According to Minfra, There Will Be a Great ‘Revolution’ in Investments at the Port of Santos

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