Impeachment proceedings fail to stop concessions

Brazil issued its first round of port tenders on December 9, divided into two calls.

Initially, three areas in Santos and one in Vila do Conde were made available, requiring total investment of $283m.

These will be followed by four concessions in the state of Pará, encompassing three areas in Outeiro and one in Santarém.

These concessions are expected to generate more than $250m for the national treasury.

Ports minister Helder Barbalho revealed that a total of 93 areas will have been put out to tender by the end of next year, the aim being to boost capacity across Brazilian ports.

He has also said that the port tender process will go ahead despite impeachment proceedings being opened against the country's president, Dilma Rousseff.

“The already established timetable continues. Our expectations remain the best possible, given the amount of interest in obtaining information [about the tenders] and the number of parties that have indicated an overall interest, following approaches to the Ports Ministry, the Planning Ministry and Antaq,” he said.

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