New private terminal contracts provide for BRL 10.5bn investments

The Brazilian Federal Government promised, on June 28, that it will invest BRL 10.470 billion in six private use terminal contracts, known by the acronym TUP in Portuguese, spread across four different states. With the signature of Marcelo Sampaio, Minister of Infrastructure, and the authorized companies, the number of TUP contracts signed in Brazil since 2019 has reached 138.

Most of these contracts provide for constructing new terminals in greenfield areas. These projects will expand the services offered and increase storage capacity for solid, liquid, and gaseous bulk and general and containerized cargo. In addition, these terminals will be new logistical alternatives for supply chain players, increasing competitiveness and, potentially, reducing operating costs.

Minister Marcelo Sampaio advocates that the private use terminal category in Brazil serves as a development inductor and is a positive reference when looking into modernizing public ports. “Private use terminals have good practices and management examples that public ports must follow. Today’s BRL 10 billion will make ports more modern and productive, thus benefiting the logistics chain with more competition and efficiency in port operations,” said him.

Development

The companies that signed contracts with the Ministry of Infrastructure are Louis Dreyfus Company Brasil; Terminal Portuário Logístico (TPL); Empresa Brasileira de Terminais e Armazéns Gerais (EBT) (SP); Atem’s Distribuidora de Petróleo; Lajes Logística; Porto Guará Infraestrutura. The terminals are located in the ports of Ponta de Pedras (PA), Santos (SP), Santarém (PA), Manaus (AM) and Paranaguá (PR).

“Ports are no longer seen as bottlenecks but solutions to the problems of Brazil. We are delivering efficient logistics to the port sector, thanks to modern laws and a strong partnership built on trust with the private sector,” commented Mário Povia, national secretary of ports and waterway transportation.

Source: Informativo dos Portos

To read the full original article, please go to: https://www.informativodosportos.com.br/assinatura-de-seis-contratos-de-tups-garantem-cerca-de-r-105-bilhoes-em-investimentos-privados/

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