Paraná signs PAR14 lease with BTG in R$1.2 billion deal at Porto de Paranaguá

Paraná governor Carlos Massa Ratinho Junior signed last Thursday (18) the lease agreement for the PAR14 area of Portos do Paraná with BTG Pactual Commodities Sertrading, winner of the public auction. The tender, held in April on the Brazilian Stock Exchange (B3), foresees R$1.2 billion in investments within the Porto de Paranaguá area.

PAR14 comprises existing operational spaces, such as the bulk terminal and the public silo, as well as a greenfield area suitable for new facilities. Under the contract, BTG will invest R$529 million in improvements across the 82,400 m² site, in addition to R$477 million for the construction of the first phase of the T-shaped pier.

Beyond the mandatory investments, BTG will also pay Portos do Paraná R$225 million in concession fees, which will be applied to various infrastructure upgrades at the port. The company has already made the first payment of R$33.7 million.

According to the governor, formalizing the lease is a strategic step for Paranaguá. “This billion-real investment will expand export capacity with four additional berths, ensuring that Porto de Paranaguá remains the most efficient in Brazil,” Ratinho Junior stated.

Portos do Paraná CEO Luiz Fernando Garcia highlighted the economic impact of the deal: “The scope of this contract and concession fee will stimulate the coastal economy, generating jobs and income that will in turn boost local commerce and other sectors.”

BTG chairman and senior partner André Esteves noted that more than 1,600 direct jobs and another 3,400 indirect jobs will be created. “This is what drives society forward. It is the belief in Brazil’s potential that promotes investments like ours here in Paranaguá, which translate into jobs and dignity for the people who make the country evolve,” he said, adding that hiring will prioritize local residents.

Within seven years, BTG must expand static storage capacity to at least 323,000 tonnes, aligned with a dynamic capacity of at least 6.8 million tonnes per year after project completion. The company is also required to upgrade truck reception facilities with new scales and unloaders, and to integrate with the Moegão — a R$650 million project connecting 11 terminals to boost rail capacity.

The PAR14 auction took place alongside tenders for PAR15 and PAR25. Together, the three concessions reached R$855 million in bids. All companies have already made their first concession payments to secure contracts.

In contractual obligations alone, the three areas will generate R$2.2 billion in investments in the coming years, covering terminal upgrades and contributions to the first phase of the T-shaped pier. Signing of the PAR15 and PAR25 contracts will follow in the coming weeks, allowing companies to begin structuring their facilities.

Although there is a set timeframe for upgrades, all concessionaires have formally informed Portos do Paraná that they intend to start activities as soon as possible. The first phase of the T-shaped pier is expected to be completed within three years of full possession of the areas.

With these leases, Portos do Paraná has now completed eight auctions and achieved 100% regularization of its areas — the first port authority in Brazil to do so.

The state government has also announced R$1 billion in public investment for the T-shaped pier, which will further expand the port’s cargo-handling capacity, complementing the private sector contributions.

Source: Portos do Paraná

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