Brazil's government is expecting 3 billion Brazilian Reais (1.3 billion dollars) in new investments with the leasing of facilities at its ports in the states of Para and Santos, Sao Paulo, said government officials.
Brazil's government has unveiled plans to invest 54.2 billion Reais (approx 26 billion dollars) over the next four years to modernize the country's ports, whose high costs and notorious delays are eroding the country’s competitive edge.