LONG-AWAITED PORT OF SANTOS AUCTIONS TO BE HELD IN 2023 ONLY

Most auctions initially scheduled for this year at the Port of Santos will be held only in 2023. This information was disclosed by Brazil’s Ministry of Infrastructure (Minfra), which foresees – for the next year – the concessions of STS10 (mega container terminal), STS08 (liquid bulk and fuels), and two Customs Bonded Dockside Terminals. Still, the government agency states that at least the public notices on these privatization processes will be ready in the second half of 2022. In March, the Santos Port Authority, the organization responsible for managing the Santos port complex, informed the newspaper A Tribuna that six terminal auctions would be held in 2022. However, out of this total, only one project got off the ground (STS11), and another (STS53) is scheduled to happen by December. The other four had to be rescheduled by Minfra for the first quarter of next year. According to the Port Authority, the list of 11 auctions modeled since 2019, six already carried out, adds up to BRL 7.1 billion in investments.

Sources: A Tribuna/Datamar News