PORTS OF PARANA SIGN A LEASE AGREEMENT FOR AN AREA IN THE DOCK OF PARANAGUA

The public company Portos do Paraná signed a contract with the new leaseholder company of the PAR32 area, FTS Participações S/A (FTS Par). The administration of the public company has 30 days following the contract’s signature to review the Basic Implementation Plan (PBI) supplied by the private entity. As soon as the plan is accepted, FTS Par assumes control of the territory with a Term of Provisional Assumption of Assets (TAP), which creates a legally binding deadline for the business to assess the area. The business agrees to make a minimum investment of BRL 4.17 million over the course of a year. About 6,600 square meters of PAR32 are already used for a warehouse (6A and 6B).

Source: Portos do Parana (*Translated by Ia Niani)