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2010 August 25   09:21

Brazil to launch tenders for two new ports

Brazil's special ports department (SEP) will launch tenders for the concession of two new ports by year-end, infrastructure and basic industries association Abdib said.

One will be located in Amazonas state capital Manaus and the other in Bahia state's Aratu city, reported Busines News Americas.

Investment in Manaus will be around US$142 million and the facility will primarily focus on container transport, according to SEP minister Pedro Brito.

In Aratu, investment is expected to be $565 million over a five-year period. The port will be used for all types of cargo and will house facilities of Brazilian petrochemical company Braskem.

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