South America

Brazilian Transport Minister Maurício Quintella has revealed that changes to legislation signed by President Michel Temer could attract up to $7.5bn in the ports sector.

New rules to draw investments in ports have been enacted in Brazil at an event attended by President Michel Temer.

APM Terminals’ proposal to the Peruvian government to improve and optimise its North Terminal at the port of Callao to reflect changes in the Peruvian market continues to court controversy.

The Argentinean government has calculated that the Port of Buenos Aires needs investment of $1bn in order to modernise. This would see container capacity raised from 800,000 teu to 1.2m teu.

The Port of Buenos Aires is planning to issue two tenders for new container terminals in the first few months of 2017 as a result of a major shake-up of the port’s…

In Brazil, French investment bank BNP Paribas is to receive a new capital injection to allow it to finance the latest round of infrastructure projects in the country.