Brasil Terminal Portuário requests early lease renewal with R$1.3bn investment plan

Brasil Terminal Portuário has requested an early renewal of its leasing contract at the Port of Santos, with an investment commitment of $1.3bn (US$250m) planned for the next 20 years of extension.

In an audience at the Ministry of Infrastructure, BTP’s CEO, Ricardo Arten handed over the document to the National Secretary of Ports, Diogo Piloni, presenting a programme for a concession period from 2027 to 2047.

Arten stated: “There was a public-private partnership throughout this process in which we built the plan. And the dynamics of dialogue with the government was fundamental, so that we elaborate an investment plan that allows the development of the port infrastructure while, at the same time, ensures the return to our shareholders.