Two groups have presented project studies for the lease, which Codeba is currently analyzing, Rebouças said, adding: “We aim to forward them to national waterways regulator Antaq for review by month-end.”

Meanwhile, the authority plans to spend 100mn reais to expand the port’s liquid bulk terminal, with its lease holder providing another 400mn-500mn reais. Work will entail building two berths and increasing liquid storage capacity.

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