The deadline for the privatization of Brazil’s Port of Santos, Latin America’s largest, has passed

The Secretary of Ports at the Ministry of Infrastructure says the project is "well on schedule."

RIO DE JANEIRO, BRAZIL - Mario Povia, national secretary for ports at the Ministry of Infrastructure, said the government is "within" the deadline to privatize the Port of Santos before the end of 2022. According to him, the ministry plans to soon present a project to the TCU (Federal Audit Office) to move forward with the process.

"It is important that we are transparent and recognize that we cannot slack off on this deadline," he told O Estado de São Paulo. Povia said that delivering a quality project is "the most important thing." The minister said the government is "on . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?