Ports in Brazil Get Close to US$ 2 Billion from Growth Acceleration Program

    Salvador, Bahia, port

    Salvador, Bahia, port Brazilian minister Pedro Brito, of the Special Secretariat for Ports, stated that the ports sector is a priority, and will receive investment of 3.2 billion Brazilian reais (US$ 1.8 billion) from the Growth Acceleration Program (PAC) of the federal government over the next few years.

    “The ports are necessary in order to maintain the Brazilian competitiveness,” said Brito, after inaugurating Terminal 4 (T4) at the Port of Santos, in the state of São Paulo. According to him, the port’s container handling capacity should triple by 2024.

    “We have devised a special plan for the Port of Santos for the next 15 years,” said Brito. With regard to containers, for instance, the capacity should increase from 3 million to 9 million TEUs (twenty-foot equivalent unit), he informed.

    According to the minister, the capacity of ports across the country should be expanded and improved. “Brazil needs good ports both to import and export its products. Ports are a priority, because they have a direct impact on economic performance,” he stated.

    Brito underscored that the investment will go to infrastructure only. “Matters of security and monitoring, for example, are the responsibility of the Federal Police,” said he, referring to the containers of garbage from the United Kingdom that were seized last year at Brazilian ports.

    ABr

    Tags:

    • Show Comments (0)

    Your email address will not be published. Required fields are marked *

    comment *

    • name *

    • email *

    • website *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Ads

    You May Also Like

    World Bank Chastises Brazil for Growing Slow and Neglecting Infrastructure

    The chief economist at the World Bank, François Bourguinon, says that "Brazil needs macroeconomic ...

    Brazilian woman makes laces in cover of book on Renaissance lace

    Arabesque: an Arabian Touch on Lace Made in Brazil

    They left the Arab countries, passed by Europe and ended up on the hands ...

    Brazil’s Housing Deficit of 7 Million Might Double

    In less than 20 years, Brazil’s housing deficit can nearly double from its present ...

    Petrobras gas refinery in Brazil

    Brazil’s Petrobras Finds Large Gas Reserve off Espí­rito Santo Coast

    Petrobras, the Brazilian state-controlled oil giant, announced yesterday, May 9, the discovery of more ...

    Brazilian train

    Better than 2008: Brazil Accumulates US$ 23 Billion Trade Surplus in 2009

    Exports from Brazil last week generated US$ 3.212 billion, and imports, US$ 3.216 billion, ...

    Zelaya, Lula

    The Big Winners in Honduras Are Lula and Brazil’s New Moral Authority in LatAm

    Five months since the coup d'état and the situation in Honduras only complicates itself ...

    Murdered MST leader Valmir Mota

    The Brazilian Bloody War Against US Monsanto and Swiss Syngenta

    On March 7 – International Women’s Day – dozens of Brazilian women occupied a ...

    Brazilian Amazon deforestation

    Brazil Cracks Down on Amazon Deforestation with US$ 276 Million Fine

    Brazil has taken a pro-active approach against the Amazon deforestation and has started punishing ...

    Revista Brasileira de Nutrição Esportiva

    With 30,000 Articles Brazil Is 13 in the World in Scientific Output

    In the list of countries that produced the most science in the world last ...

    How Corrupt Party Honchos in Brazil Work to Keep the Plunder Going On

    Nobody can take it anymore. That’s enough! They all have gone way overboard. From ...