Brazil’s Investment Partnership Program (PPI) is expediting key projects at the Port of Santos. Qualified under the Federal Government’s PPI, the Santos-Guarujá underwater tunnel and the lease of STS53, vital for bulk mineral handling, could benefit. The PPI fosters public-private partnerships (PPPs) and accelerates processes, ensuring legal certainty and balanced concessionaire finances. Resolution 213 and Decree 11,025 qualify studies for the Santos-Guarujá dry connection. Jointly funded by federal and state governments, the R$11.6 billion project is anticipated to launch bidding later in 2024, with construction beginning between 2024-2025 and completion by 2028-2029. The PPI’s role in standardizing processes and bridging gaps with the private sector enhances efficiency.
Source: A Tribuna / Datamar News
BRAZIL’S PRIVATE PARTNERSHIP PROGRAM TO SPEED UP KEY WORKS AT PORT OF SANTOS
Published On - 11 de January de 2024