CMA-CGM Presents New Investments in Brazilian Port Sector

The board of directors of the French multinational CMA-CGM, which operates at the Port of Mucuripe in Fortaleza, Ceará, visited the Ministry of Ports and Airports (MPor) on the 11th to present their projections for new investments in the Brazilian port sector.

The company, which entered into a temporary leasing contract with the Ceará Port Company (CDC), has already invested approximately R$ 80 million in the terminal since taking over operations in April of this year. In the first moment, the agreement is valid for six months and includes handling containers and general cargo.

“At MPor, we are working, in conjunction with the TCU and the Antaq, to streamline some processes and accelerate private investments in the port sector,” stated Minister Silvio Costa Filho.

The French company operates in 60 port terminals worldwide and has fruit exports as its main business in Brazil. The Ceará port complex has a strategic geographic location in regard to Europe and the United States.

“The Port of Fortaleza was our first investment in Brazil, and we are confident that we will close other deals here,” emphasized Remi Boquillon, Vice President of CMA Terminals France, during the meeting at MPor.

Port of Fortaleza

The Port of Fortaleza, also known as the Port of Mucuripe, is a significant driver of Ceará’s development, contributing to job creation and income.

“Our intention is to invest an additional R$320 million in Ceará in the coming years. This investment encompasses various sustainability initiatives, a crucial part of the company’s agenda,” stated Remi Boquillon.

The Port of Fortaleza handles a wide range of products, including fruits, cement, rice, steel, salt, cashews, flour, wheat, wind turbine blades, slag, fuel, and vegetable oils.

Source: Informativo dos Portos

Click here to read the original news report: https://www.informativodosportos.com.br/representantes-de-multinacional-francesa-do-setor-portuario-visitam-o-mpor-para-apresentar-novos-investimentos/

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