Brazil advances with northeast port terminal concession
The Brazilian government announced a public hearing on a concession for a terminal in Maceió port, in northeast Alagoás state.
Investment in the terminal is put at 55.7mn reais (US$10.7mn) over the 25-year contract.
Maceió "is the largest sugar exporter in the northeast region with total production of 4Mt/y, with the African market being the largest consumer," infrastructure minister Tarcísio Gomes de Freitas said in a statement.
MAC13 is a 71,262m2 terminal with capacity to handle 1.74Mt/y.
The government, which did not release a timetable for the auction, is betting on transport infrastructure concessions and privatizations to contain the economic impact of COVID-19.
The public hearing on the concession of the STS08 and STS08A bulk liquid terminals at Santos port, South America’s busiest, will also be held from June 9 via videoconference, according to waterways transportation agency ANTAQ.
Combined, STS08 and STS08A will require estimated investment of 1.2bn reais over the 25-year contract. The auction is expected for 2021.
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