BNDES rules out Santos port concession this year

BNDES rules out Santos port concession this year

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Brazil's BNDES no longer plans to auction a concession to manage the Port of Santos in 2022, but it expects to open the public consultation period before the end of the year, said Fabio Abrahão, head of privatization and concessions at the national development bank. "It will not happen this year," Abrahão told LatinFinance on Monday. The Brazilian government is looking to grant a 35-year contract to control the Santos Port Authority (SPA), which manages the largest port in South America, but the

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