By the end of the year, the Port of Itaqui, in Maranhão, is going to announce a package of infrastructure investments in the order of R$ 500 million for the next three years, which will be carried out with its own resources. Driven by grain exports from the Matopiba region — an agricultural frontier that includes parts of Maranhão, Tocantins, Piauí, and Bahia — and by the transport of liquid bulk, the port is experiencing a boom in private sector investments. After completing the acquisition of the logistics company CLI from the group that owns Coteminas in a deal that involved approximately US$ 240 million in debt and equity a year ago, the IG4 fund has already started studies for the third phase of Tegram, a grain terminal operated by the company. The estimate is that the investment will add up to around R$ 600 million and start operating within five years, adding a total of up to 6 million tons to Tegram’s current capacity of 15 million.
Sources: Valor Econômico/Datamar News