Port Terminal – Ministry of Infrastructure Forecasts Investment of R$ 106 Million in Concession Contracts for Three Terminals

According to the Ministry of Infrastructure, the concessions at the port terminal of the states of Amapá, Ceará, and Bahia may generate new jobs

On Friday, August 13th, the Ministry of Infrastructure held an auction for the concession of three terminals at the São Paulo Stock Exchange (B3). The port terminal in Santana (Amapá), Fortaleza (Ceará), and Salvador (Bahia) will bring a private investment of R$ 106 million for improvements and modernization in the coming years. The expectation is that these concessions will generate more than 1,700 jobs in the three states. See also: The Port and Navigation Sector is Expected to Receive R$ 3 Billion in Grants from the Ministry of Infrastructure in 2021

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The Signing of Contracts for the Concessions Made by the Ministry of Infrastructure

The Minister of Infrastructure, Tarcísio de Freitas, highlighted that with the auctions held on Friday, there have been 74 auctions carried out in two and a half years. According to Tarcísio, they are approaching R$ 80 billion in contracted investment. “Investment in infrastructure will help us with the lack of productivity. It is good to know that these investments will bring income to many households,” the minister adds. The Ministry of Infrastructure’s forecast is that the contracts will be signed in the fourth quarter of this year.

This strategy of the Ministry of Infrastructure aims to attract companies to participate in the improvement of Brazilian infrastructure, including ports, railways, airports, and highways. The hope is that, by offering concessions in which companies pay a fee to the government to operate the facilities and commit to major investments to improve the infrastructure, Brazil will stimulate its lagging economy.

About the Port Terminals That Were Auctioned

In the concession of the general cargo handling area, project, or container at the Port of Salvador, the winning bid was made by Intermarítima Portos e Logística S.A, which offered R$ 32 million for the grant. The company will invest about R$ 17.7 million during the concession period at the port terminal, which is 10 years.

In Santana, the area auctioned by the Ministry of Infrastructure, designated for the handling of solid vegetable bulk, especially soybean meal, received a unique proposal and was granted to Caramuru Alimentos S.A, which will pay R$ 5.85 million for the grant. The investment in improvements will be R$ 41.3 million over the 25 years of the port terminal concession.

In the Mucuripe area, at the port terminal, wheat landings account for 70.4% of the solid bulk operations, imported mainly from the United States, Argentina, and Uruguay. The terminal auctioned by the Ministry of Infrastructure received a single proposal from Tergran Grain Terminals of Fortaleza, which offered R$ 1 million in grant for the 25 years of the concession contract. The investment will be around R$ 47.6 million.

Check Out This News As Well: Minister of Infrastructure Says Ferrogrão Railway Will Be a Model of Sustainability

In an interview with the newspaper Estadão, the Minister of Infrastructure, Tarcísio de Freitas, emphasizes that his priority is for the Ferrogrão railway to be a model of sustainability and also an example in environmental licensing. Tarcísio adds that he would not bet on a railway that has no interested parties and is not viable.

The Minister of Infrastructure emphasizes that there are interested companies, the railway project is absolutely viable, and it will be an example in environmental licensing because that is what it should be. In the interview, Tarcísio also stated that indigenous peoples will be heard, as well as all interested parties. This railway will be a model of sustainability; this is my priority, Freitas stated.

According to the minister, the government already has “what is most difficult in any venture, which is the interested investor.” According to him, the environmental viability will be “naturally confirmed.” Tarcísio emphasizes that they are talking about a railway that will have a green seal, a modal with zero emissions, which will be built alongside a highway in an already deforested area. This means fewer accidents on roads and zero gas emissions. The Minister of Infrastructure has stated on other occasions that it is necessary to dispel the “wrong narrative” about the environment in Brazil. According to Tarcísio, the government is working to “demonstrate that it is possible to reconcile sustainability and the provision of infrastructure.