The concession period of Santos Port Authority (SPA) was extended from 35 to 50 years. Projected private investments should reach BRL 18.5 billion. A document on the privatization of the Santos pier is also being awaited. The material was developed by the National Bank for Economic and Social Development (BNDES). The privatization report will likely be delivered to Brazil’s audit court (TCU) by September. The port authority’s auction should occur in December as previously envisioned.
Source: G1 (*Translated by Ia Niani)