FTS Group has won an auction for the Paranagua port terminal project in Paraná, Brazil.
The group will be responsible to invest US$64.91 million in expansion works at the port's terminal PAR50 which deals with the transport and storage of bulk liquids. The auction was won with a lonely bid of US$191,938, a second terminal, PAR09, for solid bulks had no bidders.
The minimum investment for bidders of the PAR09 terminal is BRL910.6 million (US$ 174.9 million). The port deals with the shipping activity of grains and sugar, amid an uptick in the country.
Country updates
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February 27, 2023
BRL$ 195 million (US$ 69.4 million) raising for Amazon Fund
National Bank for Economic and Social Development (BNDES) has announced the raising of BRL$ 362 million (US$ 69.4 million) with the German development bank KfW for the Amazon Fund and the Credit Guara...
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February 23, 2023
Construction of piles for Bioceánica bridge 65% completed
The Ministry of Public Works and Communications (MOPC) has announced that piling for the Bioceanica Bridge, which connects the cities of Carmelo Peralta (Paraguay) and Puerto Murtinho (Brazi...
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February 22, 2023
BNDES provides US$2.2 million financing for biogas production in Brazil
Banco Nacional de Desenvolvimento Econômico e Social (BNDES) has announced that it provides additional BRL11.8 million (US2.2 million) financing to Albioma Codora Energia for biogas production i...
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February 14, 2023
Port of Paranaguá to auction two areas in Brazil
The Port of Paranaguá, in Paraná, will auction two more areas on February 24, 2023 for lease on the Brazilian Stock Exchange in Brazil. The first terminal PAR09 has an area of 26,...
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February 13, 2023
Agreement announced for 4G coverage on multimillion Highway project in Brazil
TIM Brasil and Ecovias do Araguaia, concessionaire of EcoRodovias, ASTM Group’s Brazilian subsidiary, announce a partnership to install 4G coverage along 850-km Goiás and Tocantins road i...
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