Port authority Portos do Paraná has successfully auctioned out another area at the Port of Paranaguá in Brazil. 

The Investment Fund Q-PAR09 has acquired the PAR09. As per the terms of the tender, the winning consortium will assume responsibility for the area for 35 years. Situated at the westernmost end of the Port of Paranaguá, the PAR09 terminal encompasses 26,576m², including a berth area that the successful company will construct to manage and store solid bulk materials of plant-based origin. The project's envisioned investments, totaling BRL910 million (USD185 million), involve the construction of nine new storage silos. Additionally, the funds will be allocated to improvements in common areas, including the construction of the first phase of pier "F" and the establishment of a logistic support area for the port's west corridor.