$20bn set for Brazilian ports

Brazils president Dilma has agreed the final shape of a new ports package, including a set of ambitious measures in terms of both investment and ‘light’ changes to the regulatory framework.

Around $20bn of new investment will be made by 2014, although the majority of this will be funded by the private sector.

A series of new private terminals will be authorised, even if they do not necessarily have their own dedicated traffic.