Privatization of Latin America’s largest port should have more regulatory rigidity, says Brazilian minister

The tender involving Port of Santos in São Paulo state is scheduled to take place next year.

RIO DE JANEIRO, BRAZIL - The privatization of the Port of Santos will have more regulatory rigidity and a "greater tie-in" on port operators' participation in the concession, compared to other privatizations studied by the government.

The announcement came on Monday, April 5, by the Minister of Infrastructure Tarcisio de Freitas. The tender involving the largest port complex in Latin America is scheduled to take place next year.

"At the Port of Santos, I have to have greater regulatory rigidity and a greater tie-in for the participation of port operators in port management. This is not what will happen . . .

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