Federal Audit Court may accelerate concession of the Port of São Sebastião

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The Federal Audit Court (TCU) may shorten the path for the privatization of the Port of São Sebastião (SP), which could be the first terminal to be granted after the auction by Companhia Docas do Espírito Santo (Codesa), held in March .

In a judgment scheduled for this Wednesday (17), the Court will decide whether or not the port concession project will need to undergo a merit analysis by the TCU itself, as occurs in other privatizations administered by the government.

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As the privatization of the terminal involves values ​​considered low, the technical area of ​​the Court suggested that the case should be returned to the Ministry of Infrastructure, which could proceed with the publication of the notice.

The São Sebastião privatization model predicts that the future concessionaire will have to invest approximately R$ 3.2 million, in a 25-year contract.

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The value is considerably lower than that required in other concessions – the Codesa tender, for example, provided for investments of over R$ 1 billion. In the case of the privatization of the Port of Santos, the government’s plan estimates investments of around R$ 18 billion.

São Sebastião, however, has less port traffic. The total area to be granted is 32.60 km², and the expectation is that in 2060 the port will reach 56 million tons handled – with an average growth of 0.3% per year.

The information is from the newspaper. The State of São Paulo.

Source: CNN Brasil

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