June 14, 2018 |
Itapoá Terminais Portuários has requested a BRL150m loan from the IDB Group for the expansion of the quay and storage yard of the Itapoa Terminais Portuarios, the multilateral announced in a press release.
Either the development institution's public sector arm IDB, its private sector arm IDB Invest, or both of them will provide the financing.
The expansion of the project includes the expansion of the yard from 146km2 to 296km2, the increase of the container handling capacity from 510,000 to 1.
Brazilian port company solicits up to $40m for port expansion from the development finance institution