Santos Brasil invests in Tecon Vila do Conde

Santos Brasil is to invest BRL37m (US$11m) in expanding and modernising Vila do Conde Container Terminal over the next two years as part of an early 15 year extension to the terminal’s lease.

The investment made by the operator will total BRL129m (US$40m), increasing Tecon Vila do Conde’s capacity to 163,000 per year.

The facility, which is located in the city of Barcarena in Pará State (96 km from the state capital Belém), handled 55,843 containers in the first nine months of 2017, an increase of 20% over the same period last year.