Santos Brasil concludes modernization of Tecon Vila do Conde

Santos Brasil informed has stated that it has completed the last civil works for the modernization project of Tecon Vila do Conde, a container terminal located in Barcarena (PA). The site has a direct line to Caribbean cargo hub ports.

In total, there were 25 months of works that included the concrete paving of 36,000 m2 of patio for storage of containers and the construction of two new gates and spaces for changing rooms and cafeterias for employees.

Between 2018 and 2019, Santos Brasil invested approximately R$ 60 million in the unit, in civil works and yard and pier equipment.

Recently, Santos Brasil announced that it plans to diversify its operations. Therefore, it wishes to participate in bids for fuel, soy, and fertilizers. In addition, the company has also expressed its interest in participating in a privatization auction in the Port of Santos; this is currently under study by the federal government.

Source: E-investor / Estadão Content

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