Ministry of Ports and Airports announces R$ 1.6 billion investment in the Port of Santos

The Ministry of Ports and Airports announced, through a statement, an investment of R$ 1.6 billion to expand the cargo handling capacity at the Port of Santos. The amount will be paid by DP World, which operates a private port terminal installed on the left bank of the port. "These investments reinforce the modernization of the port sector, increase the efficiency of the port, and demonstrate the confidence of investors in Brazil," says the Minister of Ports and Airports, Silvio Costa Filho, through a statement. He is in Dubai, United Arab Emirates, where he met with representatives of DP World. The R$ 1.6 billion investment includes the construction of a new docking pier, the expansion of the back area with the implementation of a slab on piles, as well as improvements in the access gate, inspection areas, infrastructure for refrigerated cargo, and other operational support structures, ...