Brazil’s government is moving forward with plans to auction 35 port terminals. A total of 22 port terminals are planned to be put out to tender by the end of 2025, three of which are expected to be finalised before the end of this year.
If successful, this initiative will mark the highest number of auctions in the sector's history, potentially generating over BRL 11 billion (USD 7.2 billion) in investments.
Among the key projects is a new terminal at the Port of Itaguaí in Rio de Janeiro, which will go to auction in December 2023. Another significant project involves expanding container capacity at the Port of Santos, the largest port in Latin America, by 50%. The auction for this development is expected in mid-2025, alongside plans to build a new passenger terminal.
“In four years, we’re going to do more than what has been done in a decade,” said Silvio Costa Filho, Brazil’s Ports and Airports Minister, highlighting the government’s broader plan to auction 58 terminals by 2026.
These developments aim to modernize Brazil’s port infrastructure, boost trade, and attract international investors looking to tap into Latin America’s largest economy.