State Government to administer Imbituba Port until end of 2014
Run for almost 70 years by the private sector, the Brazilian Port of Imbituba is to be transferred into the hands of the state government of Santa Catarina (SC) by the end of 2012.
The decision was announced on November 26, 2012 in Brasilia, by Minister for Ports Leonidas Cristino, during a meeting with the governor Raimundo Colombo and Paulo Cesar da Costa, president of SC Partnerships and Investments, the nominated new manager of the port.
The minister considered that transferring the port into SC state administration would be the best way to minimise the impact of the end of the current lease which ends in December 2012, and for operational efficiency.
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