BRAZIL: COURT OF AUDITORS APPROVES THE LEASE OF TWO NEW PORT TERMINALS IN THE PORT OF PARANAGUÁ

The Ministry of Infrastructure has set up an agreement of more than R$ 370 million in investments with the Brazil’s port sector, with the approval of two new leases by the Court of Accounts (TCU), both, at the port of Paranaguá, in Paraná. The PAR32 and the PAR50 terminals should generate around 5.5 thousand new jobs. It is now up to the National Waterway Transport Agency (Antaq) to publish the announcements with the rules for the auctions scheduled for 2022. The PAR32 terminal has an area of 6,651 m² and is intended for general cargo, mostly sugar, which is one of the most important commodities in the world. The PAR50 terminal, in turn, covers an area of 85,392 m² for handling and storing liquid bulk (fuels). Studies point to a growth in the flow of petroleum derivatives, chemical products, LPG, and ethanol, with an increase expected to reach 7.2 million tons over the next few years. A 25-year lease with a private contribution of R$ 338.1 million is currently expected.

Sources: Ministério da Infraestrutura/SOPESP (*Translated by Ia Niani)