The other signatories in the proposed joint-venture project include the state of Espirito Santo, the municipality of Presidente Kennedy and project developer Terminal Presidente Kennedy (TPK), a group of Brazilian business people with experience in the mining and offshore industries.
This year and next (2013) will be used to approach the market and obtaining the necessary permits. In the first phase a start will be made on the construction of a 1,000-hectare industrial port and although no date has been set for the first ship call, the parties concerned expect it to be “in several years”.
Rotterdam Port Authority’s main contribution will be its expertise and knowledge in the field of port management. This cooperation agreement will be converted into a joint-venture once essential conditions such as permits and initial contracts with clients have been met.
Porto Central will be operated as a landlord port with the owner developing the infrastructure; the land will be leased to the terminal operators and other port users, who will in turn invest in their own business-specific superstructure.
According to a statement from Rotterdam, the Port Authority’s foreign policy is geared towards strategic joint ventures and participation in new international projects, such as that undertaken in recent years in the port of Sohar, Oman.
In 2010, the Rotterdam Port Authority was asked by the Brazilian government to review a comprehensive strategic study into remodelling the Brazilian port sector, which consists of 34 public ports along the 8,000-kilometre Brazilian coast. At the beginning of this year, the Port Authority opened a new office in São Paulo and together with its head office in Rotterdam has worked intensively on the further development of Porto Central.