TWO NEW AREAS IN THE PARANAGUÁ PORT WILL BE AUCTIONED ON B3 WITH FORESEEN INVESTMENT OF BRL 1.2 BILLION

The second largest cargo handling port in Brazil, the Port of Paranaguá, in Paraná, will auction two more areas on February 24th. The B3, PAR09 and PAR50 will be auctioned for lease on the Brazilian Stock Exchange. The first has 26,576 square meters and is intended for the movement and storage of vegetable solid bulk. The second, with 85 thousand square meters, is dedicated to liquid bulk. The two areas are on the west side of the harbor wharf. The forecast for investments is a total of R$ 1.2 billion, of which R$ 910.6 million for PAR09 and R$ 338.2 million for PAR50. In addition to the two that will be auctioned this month, future leases are underway for PAR14 and PAR15.

Sources: Gazeta do Povo/Datamar News