ANTAQ approved privatization of Port of Santos in Brazil
The National Agency for Waterway Transportation (ANTAQ) has approved the public concession process for the Port of Santos on the coast of São Paulo, Brazil.
The port concession will allocate a total of BRL6.3 billion (US$1.1 billion), of which BRL2.1 billion (US$399 million) will be used for port infrastructure and BRL4.2 billion (799 million) for the construction of an underwater tunnel to connect the cities of Santos and Guaruja, the minimum auction value established by ANTAQ is BRL3 billion (US$570 million). The term of the concession is 35 years, renewable for five years.
The Port of Santos is the largest in Latin America, connecting over 600 ports in 125 countries. Santos is the important foreign trade route of Brazil, through which almost 27% of the country's trade balance (US$112.3 billion) passes.
Country updates
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September 14, 2022
Sale agreement signed for CODESA privatisation
Companhia Docas do Espirito Santo (CODESA) and the Federal Government of Brazil, coordinated by Banco Nacional de Desenvolvimento Econômico e Social (BNDES), have signed a contract for the sale...
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Public consultation launched for lighting PPP project in Brazil
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Concession awarded for the multimillion Park in Brazil
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AENA to manage 11 airports in Brazil
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August 22, 2022
Progress on Bioceánica Bridge PPP project in Paraguay
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