Federal Government Announces BRL 14.5 bn in Investments For The Port Sector

The reinvigoration of the Brazilian economy, coupled with new investment opportunities in transportation modalities, has made Brazil one of the most sought-after countries by investors worldwide. To attract new resources, enhance dialogue with potential investors in the world’s now ninth-largest economy, and exchange experiences with the private sector, the Ministry of Ports and Airports (MPor) hosted the Open Ports & Waterways Brazil 2024 (OPW) on Wednesday (6).

During the event, MPor Minister Silvio Costa Filho discussed upcoming investments in the port sector and the new projects planned for the next three years. During this period, the ministry will auction 35 assets from Northern to Southern Brazil. These areas are located in various public ports, such as Recife, Fortaleza, Itaguaí, Rio de Janeiro, Vila do Conde, Santana, Paranaguá, and Rio Grande, among others.

Costa Filho emphasized that the positive trend now seen in the Brazilian economy is the result of international dialogue and the revival of public investments promoted by President Lula’s government. “All economic foundations, inflation control, reduction in interest rates, equilibrium in public accounts, and the resumption of investments are reflections of the government’s international agenda… We have been listening a lot to the productive sector, which generates employment and income and produces food for our people,” the minister emphasized.

According to Costa Filho, Brazil has become the second most sought-after country by international investors among the world’s top 10 economies. “There are $3 trillion waiting to be invested in ports in ports, airports, highways, roads, infrastructure, and any logistics project. We are prepared to take in all of these funds to make the country grow, and that is why we have been working hard,” he concluded.

Concessions and leases

The new leases and concessions will boost the country’s logistical transport infrastructure. In the port sector, for example, investments of R$ 14.5 billion are planned between 2024 and 2026. This year, 16 port projects will be auctioned, with an estimated investment of R$ 8 billion. Next year, 11 assets will be put up for concession, expected to generate approximately R$ 5 billion in investment for the port sector. For 2026, MPor projects to lease 8 ventures, which together should generate R$ 1.6 billion in investments.

MPor also has high expectations for concession projects in the waterway sector. Among these projects is the concession of the Access Channel of the Port of Paranaguá, which is currently being adjusted according to the contributions received during a public hearing. Similarly, Mpor will lease the access channel for the Itajaí Port. The auction for these areas is scheduled for the first half of 2025. The investment grid also includes the concession of the Access Channel of the Ports of Santos and Rio Grande.

Private partners

The federal government’s main goals for port and waterway development include expanding, modernizing, and optimizing infrastructure, as well as expanding the logistics chain for goods entering and exiting major ports. Much of this work will be carried out in partnership with the private sector. The joint efforts between the public and private sectors will ensure the acceleration of projects and the creation of new jobs, which will consequently lead to an improvement in the Brazilian economy.

“Our challenge in the ministry is to accelerate the investment portfolio. The faster we accelerate, the more resources we bring, which translates into growth and job creation opportunities for the population,” Costa Filho emphasized.

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