MAJOR INVESTMENT BOOST: BRL 3.6 BILLION COMMITTED FOR NEW PORT TERMINAL CONCESSIONS

With an estimated spending of BRL 3.6 billion, the Brazilian government announced on October 24 the sale of three port terminals: MAC16 in Maceió (AL), MCP03 in Santana (AP), and ITG02 in Itaguaí (RJ). According to Minister Silvio Costa Filho, these auctions highlight Brazil’s global capacity for handling goods, therefore increasing employment and income. Processing 20 million tons annually, the BRL 3.58 billion ITG02 terminal generates 2,800 indirect jobs. MAC16 would spend BRL 6.18 million on dry bulk, whereas MCP03 will invest BRL 88.89 million on vegetable bulk mostly soybeans and corn. Ávila stressed the link between port investments and economic growth, emphasizing job creation during and after the project.
Source: Gov.br (*Translated by Ia Niani)