BRAZILIAN GOVERNMENT CONFIRMS PORT OF SANTANA LEASE, ANNOUNCES MAJOR INVESTMENTS

The Brazilian government will invest BRL 89 million in the MCP03 port at the Port of Santana (AP). This will enhance the infrastructure and storage capacity for grains like corn and soybeans. The restoration of the terminal is required by the leasing agreement, which is valid until 2049. This will bring about a capacity increase from 450,000 to 917,500 tons per year, as well as the creation of more than 500 direct jobs and a boost to the local economy. Reinforcing the Port of Santana’s position as an important Northern Arc agricultural gateway, the improvements encompass pier enlargement, dredging, new silos, terminal integration into the PAC, and more.
Source: Ministério de Portos e Aeroportos (*Translated by Ia Niani)