Brazil has set a minimum concession fee of R$1.044 billion (approximately US$193 million) for the Tecon Santos 10 container terminal, according to a directive from the Casa Civil.
The move formalizes the government's intent to auction the concession rights, adding a new node of capacity to the Port of Santos, which handles the majority of the country's containerized cargo.
This development follows a series of infrastructure deals in the region, including the recent sale of Simpar's Bahia terminals to ICTSI Americas for US$353 million.
The auction structure reflects a broader strategy to modernize logistics infrastructure amid persistent bottlenecks in South American trade routes.
By establishing a clear financial floor for the concession, authorities aim to attract long-term private investment while retaining state oversight of critical maritime assets.
The terminal is expected to serve as a key hub for agricultural exports and manufactured goods moving through the Atlantic corridor.
This development follows a series of infrastructure deals in the region, including the recent sale of Simpar's Bahia terminals to ICTSI Americas for US$353 million.