Ports and Terminals

Santos Port may be privatized this year, says Tarcísio

Feb, 01, 2023 Posted by Lillian Smoak

Week 202306

The governor of São Paulo, Tarcísio Freitas (Republican party), said this Wednesday (01) that the Port of Santos “can be privatized this year”, since the project has already been approved by the technical area of ​​the Federal Court of Accounts (TCU). The governor commented on the subject with journalists during an event  on agribusiness organized by XP in São Paulo.

Tarcísio has already discussed the issue with President Lula and the Minister of the Civil House, Rui Costa. According to the governor, the president stated that “in principle” he is against privatization, but that he is “ready to receive arguments” and that he may change his mind “if the project is good”.

The governor now wants to schedule a conversation with Minister Márcio França, of Ports and Airports, to defend the privatization of the port.

Tarcísio argues that privatization should take place in a block, and not in separate ​​concessions . “The power of decision-making is of higher value there”, he argued. According to him, privatization in separate blocks is what makes investments possible.

See below the handling of containers at the Santos Port (exports and imports) from January 2019 to December 2022, according to data from the DataLiner platform developed by Datamar.

Container Handling – Port of Santos | Jan 2019 – Dec 2022 | TEU

Source: DataLiner (Click here to request a demo) 

He argues that the measure should generate R$ 20 billion in investments. “It’s no use for the company to have R$1.7 billion in cash and not be able to invest”, he defended.

Tarcísio maintained that privatization could generate more jobs with the creation of more berths for docking cruises, expanding the area for containers and investment without mobility.

Source: Valor Econômico

To read the original report, visit: https://valor.globo.com/brasil/noticia/2023/02/01/porto-de-santos-pode-ser-privatizado-este-ano-diz-tarcsio.ghtml

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