Minister unveils port investment scheme for future years

On Monday (26), the Minister of Ports and Airports, Silvio Costa Filho, took part in the P3C event, held in São Paulo. The event aims to discuss Infrastructure Investments in Brazil and assess the scenario of public and private partnerships to make the business environment more predictable and secure for investors in Brazil, based on environmental, social, and governance standards.

Silvio Costa Filho participated in the opening session and the plenary discussion, presenting the perspectives of the New PAC in 2024 and detailing the planned works and investments for ports, airports, and waterways.

Ports

The minister emphasized the importance of addressing port needs for Brazil’s economy, considering what exports represent for the country. “This year, we hit record highs in the trade balance with US$ 90 billion, with the highest growth in agribusiness trade. To achieve this, we need to increasingly structure the country’s ports to implement actions to expand the flow of Brazilian production,” he highlighted.

Silvio Costa Filho also highlighted the goal of reaching investments of R$ 2 billion this year. “It is important to note that we went from R$ 690 million in investments in 2022, and this year, in 2024, our perspective is to reach R$ 2 billion in public investments, such as dredging, quay restoration, structuring our public and delegated ports,” he stated.

Waterways

Silvio Costa Filho mentioned that soon the Ministry of Ports will establish the National Secretariat of Waterways. The intention is to prioritize the use of Brazilian rivers for cargo and passenger transportation. “An important fact regarding what Brazil represents today is that we have 18,000 kilometers of navigable waterways, and we have the capacity to reach up to 42,000 kilometers,” he said.

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