Brazilian government to prioritise 11 national ports

This will require investment of $95.65m up to 2006 and will make it possible to boost exports by $10 billion.

The move to pump money into the ports industry was made by an inter-ministerial committee, which rejected the previously held notion that only five main ports should be considered a priority. “Our ports are not prepared to cater for the demand that Brazil is currently undergoing.

And it’s for this reason that we have taken the decision to place them on a priority footing, ” said Brazilian president Luiz Inacio Lula da Silva.