Brazil is in talks with Saudi Arabia to attract investments in its port sector, presenting a portfolio of projects that will be available for concession by 2026. Silvio Costa Filho, the Brazilian Minister of Ports, noted the country’s economic growth and plans for over 40 new port concessions, indicating a strategic alliance and investment opportunities ahead.
Brazil is engaging in significant discussions with Saudi Arabia aimed at attracting new investments to its port sector. The Brazilian government reports that global operators are interested in several key infrastructure projects that are scheduled for concession by 2026.
Brazil’s Minister of Ports and Airports, Silvio Costa Filho, showcased the largest portfolio of port and waterway concession projects to major container terminal operators from Saudi Arabia. He emphasized Brazil’s robust economic growth, highlighting over 5 percent growth in the port sector for 2024 and an 18 percent increase in container operations, which positions the country as an attractive hub for global trade.
In the coming two years, Brazil plans to launch over 40 port concessions, which will include facilities for solid and liquid bulk terminals, as well as critical infrastructure for the mining sector. The Brazilian government asserts that discussions between the two nations signal a promising strategic alliance, paving the way for future negotiations and investment opportunities in the port sector.
Brazil is actively pursuing substantial investments from Saudi Arabia in its port sector, with Minister Silvio Costa Filho presenting an extensive portfolio of projects. The anticipated growth in Brazil’s economic performance and planned concessions over the next two years highlight its role as a key player in global trade. The cooperative discussions indicate a strategic alliance that could enhance bilateral economic interests.
Original Source: tvbrics.com
