Port Sector and Navigation Expected to Receive R$ 3 Billion in Concessions from the Ministry of Infrastructure in 2021

Written by Roberta Souza

Published on 22/11/2020 at 10:22

Updated on 22/11/2020 at 10:23

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For 2021, The Ministry Of Infrastructure Forecasts R$ 3 Billion In Grants For The Port And Navigation Sector

Like various sectors of the economy, the navigation and port sectors were also affected by the Covid-19 pandemic. This year will end with a grant of R$ 2.44 billion, paid in the form of concessions and leases of maritime areas and facilities, and it is expected to exceed R$ 3 billion by 2021. According to the Ministry of Infrastructure, there is a more promising future, as in addition to structural improvements, more private investments and new regulations may expedite business and legal security.

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Such findings were discussed during the 2nd Congress of Maritime and Port Law by the director of the Department of Contract Management of the National Secretariat of Ports and Waterway Transport of the Ministry of Infrastructure, Flávia Takafashi.

According to Flávia, “the port sector has proven to be resilient (to the coronavirus crisis).” The director explained that improving the overall efficiency target of the port facilities set by the Ministry of Transport helps to avoid panic in the sector. Furthermore, it shows that the situation will be better in 2021, with the forecast of new business reaching R$ 3 billion.

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Of the R$ 2.44 billion received this year from leases of port area concessions, R$ 505 million refers to two land lots in Punta da Praia, in Santos, for the storage of cellulose processing.

Flávia presented the Ministry’s strategic investment portfolio, highlighting the government’s priority to promote the growth of the sector, including: the axis of port concessions and leases, waterway investment, digital transformation and modernization of ports, and companies to make them more efficient and competitive.

The director stated that the main challenge of the National Secretariat of Ports is “the improvement of port infrastructure, mainly through private investments, because it will be the private sector that will drive this economic growth. Therefore, we have directed our actions toward strengthening this public-private partnership.”

In addition to the implementation of logistics intelligence projects, other aspects include the modernization of port management, the BR do Mar, the reduction of bureaucracy, and the integration of public institutions and entities.

Port Sector and Navigation Expected to Receive R$ 3 Billion in Concessions from the Ministry of Infrastructure in 2021

For 2021, The Ministry Of Infrastructure Forecasts R$ 3 Billion In Grants For The Port And Navigation Sector

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