Port of Santos to expand area before privatization

In another step of preparing for its privatization, the Santos Port Authority (SPA), the company that manages the port of Santos, plans to expand its land area from the current 8 square km to 14 square km. The idea is to incorporate areas currently outside the operating limits of the port that are still undeveloped but which could give rise to new terminals or projects in the future.

The proposed new route also foresees the incorporation of 10 square km of waterway extension. The main aggregated areas are Ilha de Bagres (located on the left bank of the port) and Largo do Caneu (which is close to the Piaçaguera channel).

The regions have already been the target of interest from private groups, but no project has moved forward. Today, incorporation into the SPA’s area of ​​influence is practically agreed upon by the government, according to Bruno Stupello, the company’s business and regulation director.

“The polygonal must be changed within a few months and will already be considered in the privatization process,” said Stupello. “The new design has already been approved by the Ministries of Infrastructure, Economy, and the federal government’s property department”, he added.

Source: Valor Econômico

To read the full original article, visit the link:

https://valor.globo.com/empresas/noticia/2021/08/26/porto-de-santos-vai-ampliar-area-antes-da-privatizacao.ghtml

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