Brasil Terminal Portuário (BTP) has received approval from Brazil’s Ministry of Ports and Airports and the Santos Port Authority to extend its operational tenure at the Port of Santos by an additional 20 years, valid until 2047.
In conjunction with this renewed concession, BTP is set to make a significant investment of approximately US$390 million in the development of the container terminal over the coming years.
The protocol for the renewal request was submitted in May 2021 to the Port...