AmericasPorts and Logistics

Brazil cuts red tape for port bids

Brazil has simplified its port terminal investment rules, cutting red tape as it aims to get more investments along its coastline.

A decree signed by president Jair Bolsonaro defines rules to speed up lease contracts for port areas, removing the need for public calls, and allows easier access to public areas for temporary economic use. It also guarantees minimum contract lengths for terminal leases.

“This is another step in cutting red tape for investments in infrastructure in Brazil, and will facilitate investments in port terminals, allowing for more efficiency and making the sector more dynamic,” infrastructure minister Tarcísio Gomes de Freitas said at the decree signing ceremony.

Last week, Brazil auctioned concessions for five terminals, four in Itaqui and one in Pelotas.

The privatisation of the Santos, the largest port complex in Latin America, is scheduled to take place next year.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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