Brazil readies ten new concessions
In Brazil, incoming President Jair Bolsonaro has announced that the port secretariat is to issue tenders for ten port concessions in the first six months of this year. Of these, four will be published in March, in line with a previous announcement made at the end of 2018.
One of these terminals is in the Port of Vitória and the other three are in the Port of Cabedelo. They are mainly aimed at investors specialising in the movement and storage of fuel and are being taken forward as part of the government’s Investment Partnerships Program.
Bids will be opened on March 22, with the deadline for their reception being put at March 19.
In total, the four projects are expected to generate investment of $54m.
Before entering office, Mr Bolsonaro announced his intention to pursue a privatisation policy towards port companies too. At present, state-owned port companies manage ports, while private companies are responsible for traffic.
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