Projects prioritized for Brazil’s Northern Region in 2025 will receive a total of R$4.6 billion (around US$900 million) from the Merchant Marine Fund (Fundo da Marinha Mercante – FMM). The funding covers 524 initiatives approved in the states of Amazonas and Pará, both located in northern Brazil and heavily reliant on river transport. The projects include vessel construction and modernization, the development and upgrading of port terminals, as well as docking and repair activities, strengthening inland navigation and the region’s waterborne infrastructure. FMM investments are part of a broader federal strategy to improve logistics efficiency and foster regional development.
Sources: Ministério dos Portos e Aeroportos/Datamar News