A new National Plan for Port Logistics (PNLP) is being proposed by Brazil’s Special Ports Ministry (SEP) which aims to outline more than US$10 billion in investments for the port sector up to the year 2042, according to the Journal of Commerce.
Helder Barbalho, Head of SEP, said: “The PNLP is the first step for us to diagnose the port sector and to make a projection for the years from 2015 to 2042. We will work with the scenarios that will emanate from the concessions we are making between now and the end of 2017, with 2042 the deadline of these contracts.
“Today we use 63% of the offered capacity. We still have some calm years ahead, but we will have a great demand for growth in the coming decades and we need to make the necessary investments to prepare for that.
“Looking at the demand projections for 2042, the current offer of capacity is inadequate so we will need more capacity.”
A massive concession process, involving more than 100 port facilities, is currently underway in Brazil between now and the end of 2017.
The Port of Santos handled more than 3.6 million TEU in 2014, which accounts for 40% of the total throughput in Brazil.