Port of Itajaí submits feasibility study schedule to Ministry of Infrastructure
Nov, 11, 2020 Posted by Ruth HollardWeek 202047
The kick-off meeting for the Port of Itajaí privatization project was held in Santa Catarina on Tuesday, November 11th. The planning and logistics company EPL participated, carrying out feasibility studies in partnership with the Demarest consulting firm, Ministry of Infrastructure authorities, and the Investment Partnership Program (PPI).
Although the meeting marks the official launch of the project, EPL has been promoting the initial stages of studies since the first half of this year. The state-owned company presented the progress of the studies and the schedule that is being followed, which foresees the auction for 2022.
The work will indicate the most appropriate business model for the Port of Itajaí. Privatization provides for several forms of exploitation of a good, and it is not yet defined which will be used for the auction.
In the first phase of the project, EPL carried out the preliminary assessment: data analysis and collecting of information on the main markets in which the port is inserted, competitors, and movement history.
During the meeting, the Minister of Infrastructure, Tarcísio Gomes de Freitas, stressed that this is one of the priority projects for the portfolio. For Freitas, EPL’s experience and acceptance of the company’s projects by the Federal Accounting Court contribute to the speed of privatizing the Port of Itajaí. “EPL needed this type of challenge and for the first time was faced with the privatization studies of a company. We have had a very satisfactory performance but in the area of leases and concessions. (…) This structuring of the privatization of Itajaí is a milestone”, said Freitas.
For EPL’s CEO, Arthur Lima, the company has made important deliveries and works on large projects that transform the country’s infrastructure. “EPL has faithfully fulfilled the schedule of studies for the Port of Itajaí and will deliver as planned. We work to deliver the leases, concessions, and privatization projects that will make Brazil take off ”.
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