Port of Santos Aims for Top 20 Global Rank with Over R$20 Billion Investment Plan

On June 17th, Anderson Pomini, President of the Santos Port Authority, unveiled a comprehensive investment plan for South America’s largest port.

The announcement occurred during the Port of Santos Investment Plan event, organized by the infrastructure engineering transport association Anetrams.

Pomini outlined a robust plan that slates more than BRL 20 billion over the next five years.

“The Port of Santos competes on an equal standing with any other port in the world in terms of technology. Our responsibility is to ensure a robust infrastructure for the private sector to spearhead operations. Currently, the port ranks 39th globally in capacity, and with these investments, it could climb to the top 20,” Pomini stated. “Nine of the ten largest ports today are in China.”

A key goal for the Port of Santos is to achieve zero-carbon status by 2030. Pomini also discussed plans for a Public-Private Partnership (PPP) for the Itatinga hydroelectric plant, which belongs to the port.

The PPP will facilitate the diversification of the port’s energy grid, including the production of green hydrogen, with an investment of around R$500 million. Santos Port is currently looking for a consultancy to assist in the project, with design studies expected to be completed by January 2025.

The port’s channel will be widened and deepened from 15 to 16 meters through services provided by a private company.

Brazil’s environmental surveillance institution Ibama has already issued the license for starting demolition works that mark the onset of the project, and Brazil Development Bank (BNDES) is structuring the canal concession. This is considered the port’s main logistics project, with investments expected to reach R$6.5 billion over 20 years.

Additionally, the port will implement a Ship Traffic and Monitoring System (VTMIS), starting in 2025.

This advanced technology will aid in the movement and maneuverability of ships, utilizing underwater drones for hull inspections and supporting authorities in combating drug trafficking.

One of the most significant developments will be relocating the Concais passenger terminal to Valongo, enhancing capacity and comfort for passengers and tourist ships.

The first implementation phase of Valongo Park is scheduled to be delivered on July 5th this year, with the Minister of Ports and Airports, Silvio Costa Filho, expected to attend the event.

“This investment package to the Port of Santos stands at a historic level, with significant economic impact and a strong commitment to sustainability. This plan and its promoters are fully capable of executing these actions successfully,” declared Luciana Dutra, President of Anetrams.

The construction of the Santos-Guarujá submerged tunnel, with a budget of R$5.13 billion, is slated to begin in the first half of 2025.

This concession, lasting 70 years (35 years with a possible renewal for another 35), is anticipated to positively impact around 2 million people in the region.

Source: CNN

Click here to access the original news report in Portuguese: https://www.cnnbrasil.com.br/blogs/victor-iraja/economia/investimentos/com-investimentos-de-mais-de-r-20-bilhoes-porto-de-santos-quer-estar-entre-os-20-maiores-do-mundo/

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