Infrastructure Push in Northeast Brazil: Ministry Unveils BRL 605 mln Investment to Ports
Jul, 12, 2024 Posted by Gabriel MalheirosWeek 202428
The Ministry of Ports and Airports (MPor) revealed its recent achievements and future plans for the Northeast states of Brazil at the “Infrastructure and Development of the Northeast” panel in São Paulo on Thursday (July 11). The event, organized by news agency Valor Econômico and publishing company Globo with the support of the Northeast Development Bank, featured the Minister of Ports and Airports, Silvio Costa Filho, and brought together experts from various sectors to discuss infrastructure investments aimed at boosting regional development.
Minister Costa Filho emphasized the importance of these projects for enhancing competitiveness and sustainable development across the Northeast and the entire country. Brazil has eleven public ports that drive the region’s economy. Under President Lula’s guidance, our priority is generating employment and income. A thriving economy helps circulate money,” the minister stated.
Costa Filho commented on the increase in cargo throughput seen at Northeast ports during the first months of 2024. “We experienced over 10% growth this year. The Port of Suape has great expansion potential, receiving nearly R$2 billion in private investment,” he noted.
He also mentioned the Port of Pecém (Ceará), which is investing in clean energy to ensure greater sustainability. “Pecém is making the largest investment in green hydrogen in Brazil and Latin America, at around R$8 billion. We experienced significant growth, especially in the liquid bulk sector in Ceará,” he added.
The 11 public ports in the Northeast region are Itaqui (MA) – Mucuripe (CE) – Natal (RN) – Areia Branca (RN) – Maceió (AL) – Cabedelo (PB) – Recife (PE) – Suape (PE) – Salvador (BA) – Aratu (BA) – Ilhéus (BA)
MPor has closely worked with port operators to coordinate investments, focusing on improving the infrastructure and modernizing terminals. In recent years, public port complexes have received approximately R$300 million in Federal Government funds. Public investments in port infrastructure are expected to exceed R$2.5 billion from last year through the next. Moreover, MPor recently launched the Navegue Simples Program to accelerate private investments, aiming to streamline and expand investments and leases in the Brazilian port sector.
The federal government has also invested in dredging projects to ensure safe navigation during drought periods, maintain the circulation of goods and people, and promote tourism, which is crucial for the regional economy.
New PAC Projects in the Northeast
- Deepening dredging in the Port of Ilhéus (R$81 million)
- Dredging of the Port of Suape (R$226 million)
- Recovery of Jetty 4 at the Port of Suape (R$140 million)
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