Brazil’s Ports and Airports Ministry announced on Friday that a public auction for the operation of five port terminals will be held on August 21. The terminals up for bidding include three in the northeastern city of Recife, one in Rio de Janeiro and one in the southern city of Rio Grande. The port auction […]
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Brazil’s Ports and Airports Ministry announced on Friday that a public auction for the operation of five port terminals will be held on August 21.
The terminals up for bidding include three in the northeastern city of Recife, one in Rio de Janeiro and one in the southern city of Rio Grande.
The port auction was originally scheduled for May but was postponed due to the flood crisis in Rio Grande do Sul, Brazil’s southernmost state.
The operation of the terminals will be offered under a ten-year non-renewable lease.
In a statement, the ministry said that the total investment in the five terminals is expected to be BRL 78.3 million (USD 14 million). The largest investment, BRL 51 million, will go to the REC08 terminal in Recife, which currently handles solid vegetable bulk such as malt, wheat, and corn.
The official public bidding documents for the auctions were published today at the website of the National Agency for Waterway Transportation (Antaq).
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