Brazil needs US$6.7bn of new infrastructure

The investment needed in Brazil represents 13% of the total $55bn that CAF calculates will be needed in the region as a whole Photo: DavidRockDesign/Pixabay/CC0 Creative Commons The investment needed in Brazil represents 13% of the total $55bn that CAF calculates will be needed in the region as a whole Photo: DavidRockDesign/Pixabay/CC0 Creative Commons

A study drawn up by the Development Bank of Latin America (CAF) has warned that Brazil needs to invest $6.67bn in port infrastructure by 2040. This investment is needed if Brazil is to be able to incorporate new technological changes that will enter the sector in the years to come and also be able to compete with other regional ports in Latin America.

The CAF study, which looked at investment across ports in Latin America and the Caribbean, takes into account existing restrictions and capital requirements and what is needed to overcome these over the next two decades, as demand on extra port capacity will inevitably grow.

Significantly, the investment needed in Brazil represents 13% of the total $55bn that CAF calculates will be needed in the region as a whole, although this figure is somewhat less than investment required in its container handling facilities. Indeed, the study shows that Brazil handles around 9.3m teu, equivalent to around 20% of all regional box traffic.

However, Brazil’s ports industry will not require the most investment in the region; that honour falls to Mexico and Panama, which will account for 24% and 16% respectively of required total regional investment.

The CAF study does point out two other major problems in Brazil: the inadequate amount of space given over to bulk handling and also a lack of dredging in ports.

LATEST PRESS RELEASES

KHALIFA PORT CONTAINER TERMINAL STAYS WITH BROMMA

Bromma has been selected to deliver the spreaders for the automatic stacking cranes to be commission... Read more

Kalmar's automated and manual straddle carriers selected by Patrick Terminals for fleet renewal programme

Kalmar's automated and manual straddle carriers selected by Patrick Terminals for fleet renewal prog... Read more

NEW HYSTER ® TOP LIFT CONTAINER HANDLERS

Hyster Europe has launched a new top lift Laden Container Handler that is expected to increase produ... Read more

ShibataFenderTeam delivered Element Fenders for Finland’s first hybrid-electric ferry

In May 2017, Elektra was christened, Finferries’ newest addition to their fleet. Elektra is Finland’... Read more

Introducing TGI’s Hosting Offer Service

At TGI Maritime Software, our primary concern is to make it as easy as possible for your maritime te... Read more

Sophisticated charging systems for automated guided vehicles (AGVs)

Industry 4.0 and Logistics 4.0 go hand in hand in tight synergy. New technologies will significantly... Read more

View all