DP World invests BRL 200 million to increase container capacity in Santos
Mar, 06, 2023 Posted by Gabriel MalheirosWeek 202312
DP World disclosed its plans to invest BRL 200 million in 2023 to expand and modernize its facilities on the left bank of the Port of Santos.
With the injection of funds, the terminal intends to increase its annual throughput from 1.2 million TEUs to 1.4 million TEUs and expand its quay from 1,100 to 1,300 meters. The terminal has a current area of 845,000 square meters, with 130,000 square meters available for expansion.
The project aims to ensure the port capacity will stay ahead of the growing demand, marking DP World’s third investment round since it started operations in Brazil in July 2013. To date, the company has invested over BRL 3 billion in the terminal, which is strategically located close to road and rail access points, allowing large-scale multipurpose operations.
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