NEW IEP PORT TO BE INAUGURATED IN BRAZIL’S SANTA CATARINA

The state of Santa Catarina, known In Brazil for having five active ports, is set to welcome a new addition to its port infrastructure. The new port, named IEP after the company Imbituba Empreendimentos & Participações, will be situated next to the Port of Imbituba in the same bay. The project, with an estimated budget of R$600 million, is licensed and is slated to commence in 2024. Entrepreneur Roberto Villa Real, who leads the project, states that the first terminal, with a 440-meter dock, will handle bulk cargo. In a second phase, it may also operate with containers, general cargo, and more. When operations begin, it is expected to generate 400 jobs, both directly and indirectly.

Sources: NSC Total/ DatamarNews