Itaguaí Port to receive $400 million investment for terminal expansion

The city government of Itaguaí, in Rio de Janeiro’s Baixada Fluminense region, announced that CSN Mineração plans to invest about BRL 400 million to expand and modernize the TECAR pier, a solid bulk terminal located at the Port of Itaguaí.

Construction is scheduled to begin in August and is expected to take eight years, generating around 600 jobs during the project. Local authorities expect that residents of the municipality will be hired both for the construction work and later for positions at the upgraded facilities.

The terminal is currently used for iron ore exports. With the planned expansion and modernization, its operational capacity is expected to increase, potentially boosting cargo throughput and increasing municipal tax revenues.

Source: Tupi FM

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