Ports and Terminals

Public hearing approved for the privatization of Codesa

Dec, 18, 2020 Posted by Ruth Hollard

Week 202052

On December 17th via ANTAQ (the national waterway transportation agency), the federal government approved the opening of the public consultation on the studies of the privatization project of the ports of Vitória and Barra do Riacho, managed by Companhia Docas do Espírito Santo (CODESA). The hearings will be virtual and the documents will be available for consultation and contributions on the ANTAQ website for 45 days beginning on December 28th. A face-to-face public hearing will be scheduled in the future.

“As promised, we will have the first port privatization in Brazil, starting with the Port of Vitória, and the idea is to use this model to deploy in other ports. Privatization is a priority for the federal government”, highlighted the Minister of Infrastructure, Tarcísio Gomes de Freitas.

Qualified during the 3rd Meeting of the Investment Partnerships Program (PPI) council, the project is the first to privatize public ports in Brazil. The idea is to transfer the management of infrastructure and public areas to companies in the private sector that already perform port operations, improving operations and the quality of services provided, in addition to providing greater agility and the ability to make the necessary investments.

The project, which is being structured by the Brazilian Bank for Economic and Social Development (BNDES), under the coordination of the Ministry of Infrastructure, will present the studies that support the modeling of the concession of the Ports of Vitória and Barra do Riacho, for 35 years, and the main regulatory aspects for exploration. Thus, tariff proposals, performance parameters, forms of indirect area exploitation, contract subrogation, etc., will be brought up for discussion. The forecast for estimated investments and the development potential of the greenfield areas will also be analyzed in a public consultation.

When available, documents can be accessed through the link: http://portal.antaq.gov.br/index.php/acesso-a-informacao/audiencia-publica-2/

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