Brazil’s first terminal concession tender in 2024 set to take place on August 21

Brazil’s first port concession tender in 2024 is set to take place on August 21, at São Paulo Stock Exchange (B3). The first batch of areas to be leased include terminals REC08, REC09, REC10 in Recife Port, RDJ06 in Rio de Janeiro, and RIG10 in Rio Grande Port in Rio Grande do Sul. The bidding calls were disclosed in Brazil’s Official Gazette of the Union.

The first port leasing process was initially scheduled to occur past May but had to be rescheduled due to the state of public calamity declared for Rio Grande do Sul after disastrous floods that rampaged the region.

According to the bidding calls, the value expected to be invested in these five areas is BRL 78.3 million. All terminals will be leased using a simplified procedure that allows a ten-year maximum extension period. On top of expanding logistics alternatives in the region, and facilitating agricultural goods transportation, the soon-to-be sealed lease contracts will attract economic development to these regions, as well as infrastructure improvements, and more employment.

Terminal Features

The REC08 terminal is designated for solid vegetable bulk operations of primarily malt, wheat, and corn, with an anticipated investment of approximately R$51 million.

The REC09 terminal is focused on the movement and storage of solid bulk and general cargo, with an estimated investment of R$2.2 million. Meanwhile, the REC10 terminal will see nearly R$3 million invested to enhance its solid bulk and general cargo capacity.

The RDJ06 terminal, which specializes in liquid bulk operations, is set to receive R$22.1 million in investments. Additionally, the RIG10 terminal, which handles and stores general cargo, is expected to see an investment of R$7.8 million.

Source: Ministry of Ports and Airports 

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