Brazil port authorities’ failure to spend

In Brazil, while the private sector is increasing the pace of its investment in the port sector, port authorities continue to struggle to commit cash to the upgrades needed in the country's main ports.

The National Confederation of Industry (CNI) reports that the port authorities spent only 28.6% of their budgets in 2000-2014, collectively investing $926m. However, 2000 alone accounted for half of their total spend for that period, with much lower spends in subsequent years.

According to CNI, the level of investment in the last few years has been insufficient to keep up with the expansion of overseas trade.

The organisation's executive director, Wagner Cardoso, said the larger public ports operate at a low level of efficiency in terms of administration, while at the same time they are burdened with high levels of labour liability.

He said he was also extremely concerned by continual political interference in port authorities, something which might be avoided if they were privatised.

LATEST PRESS RELEASES

New Fourth Generation (4G) Performance Pack Upgrade for Existing Echoscope® Users

The new Echoscope® 4G Performance Pack Upgrade presents an opportunity for our existing customers to... Read more

Coda Octopus Products Selected to Collaborate on One of Five Premier Scottish-Japanese "Joint Ocean Innovation" Strategic Subsea Projects

The Nippon Foundation and Scottish Enterprise R&D Program provides funding of up to $32 million over... Read more

ShibataFenderTeam Agent Network is growing

ShibataFenderTeam permanently sustains and develops its agent network. Read more

Mannion Marine Limited Launched

Martin Mannion, former AECOM head of ports EMIA region, has launched Mannion Marine Limited, offerin... Read more

Propulsion and Future Fuels Conference 2018

On August 29, 2018 the Shibata Industrial Management Board celebrated the inauguration of the Group’... Read more

Ci5 is coming to Marseille-Fos!

15 days to go… From 16 October, the port communities of Marseille-Fos and Lyon in the port hinterlan... Read more

View all