Brazil’s Ministry of Ports and Airports approved nine projects worth BRL 5.1 billion to expand and modernize port infrastructure, creating over 5,300 jobs and increasing operational capacity. Funding was authorized by the Merchant Marine Fund and includes major upgrades at the Port of Santos and Port of Pecém, plus expansions at the Port of Paranaguá, Port of Santana and Port of Aratu. Financing—covering up to 90% of costs—will be provided through public banks including BNDES, Banco do Brasil, Banco da Amazônia, Banco do Nordeste and Caixa Econômica Federal, aiming to strengthen logistics efficiency and regional development.
Source: Ministério dos Portos e Aeroportos / Datamar News
BRAZIL’S MERCHANT MARINE FUND BACKS BRL 5.1 BILLION IN PORT PROJECTS
Published On - 19 de February de 2026