{"id":10937,"date":"2017-05-17T08:49:00","date_gmt":"2017-05-17T07:49:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport\/2017\/05\/17\/brazil-enacts-port-extension-legislation\/"},"modified":"2026-08-27T15:03:30","modified_gmt":"2026-08-27T14:03:30","slug":"brazil-enacts-port-extension-legislation","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport\/news\/south-america\/brazil-enacts-port-extension-legislation\/","title":{"rendered":"Brazil enacts port extension legislation"},"content":{"rendered":"<p>Temer signed a decree that will lengthen contracts for operating public ports to 35 years from 25, and allow them to be repeatedly extended for up to 70 years, Reuters reported.<\/p>\n<p>&#8220;The economy is starting to show signs of growth, in the retail sector and in agribusiness,&#8221; Temer said at the event.<\/p>\n<p>The changes are aimed at improving infrastructure integral to Brazil&#8217;s farm sector and expanding its capacity to export commodities.<\/p>\n<p>While Brazilian farmers produce food at some of the world&#8217;s lowest prices, their competitive edge is undermined by the high cost of transporting it to and shipping it from inefficient and crowded ports, said Reuters.<\/p>\n<p>Brazil\u2019s Transport Minister, Maur\u00edcio Quintella, said government expects the new regulations to attract 25bn reais (USD$8bn) in private investment in port terminals, according to Reuters.<\/p>\n<p>The decree allows investment outside contracted port areas and ends a limit on the expansion of private terminals, Mr Quintella said.<\/p>\n<p>The new rules make it easier for investors to carry out work such as dredging in common port areas and remove restrictions on third-party cargo at private container terminals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New rules to draw investments in ports have been enacted in Brazil at an event attended by President Michel Temer.<\/p>\n","protected":false},"author":8,"featured_media":10938,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"sponsor":[],"class_list":["post-10937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-south-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/10937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=10937"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/10937\/revisions"}],"predecessor-version":[{"id":10939,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/10937\/revisions\/10939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/10938"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=10937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=10937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=10937"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=10937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}