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News Americas

Consortium eyes Antonina port

12 Jul 2008

A consortium of companies has expressed interest in acquiring the stake currently held by the Previ pension fund in Terminais Portuários Ponta do Félix, in the Brazilian state of Antonina.

It has officially approached the port authority, APPA, requesting permission for the transaction to go ahead.

The consortium aims to invest $123m in infrastructure in the project, which has so far been unable to obtain an environmental license to handle dry bulk, leading to the suspension of this traffic in April.