The body responsible for administering Brazil’s seaports will, on March 31, offer tenders for concessions at six port terminals.
The Secretariat of Ports (SEP) is overseeing the privatization of the six terminals which will require a combined investment estimated at $443m.
That includes $366m investment in upgrading port facilities and $51m in leasing fees to state port authorities for the 25-year lifetime of the concessions.
Of the six terminals to be privatized, all of them in the northern state of Para, three will be grain terminals at Outeiro, one is a grain terminal at Vila do Conde and another grain terminal plus a fertilizer terminal will be at Santarem.
Brazil is in the process of a massive opening up of its port terminals concessions to privatization. Three were privatized last year and after these six there are plans to privatize 20 more.