Privates to invest US$39.8mn at Paranagua port
Bnamericas Published: Monday, December 01, 2003
Brazil's Parana state governor Roberto Requiao inked eight new private initiative contracts worth 117mn reais (US$39.8mn) in total for Paranagua port, the state government reported. The works will begin in 60 days, with funds going primarily to expand storage infrastructure and the construction of specialized terminals. Coamo, Coinbra, Cotriguacu, Uniao Volpak, Rocha Top, CBL, Ceu Azul and Cattalina will make the investment. The port moved 28.8Mt in 2002, and is expected to move 31.5Mt in 2005 and 39.6Mt in 2010.
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