DP World invests $38 million to increase container capacity in Brazil in 2023

DP World plans to invest $38 million in 2023 to expand and modernize its facilities on the left bank of the Port of Santos, Brazil. The port is one of the largest and most modern multipurpose private port terminals in the country.

With the investment, the company plans to increase the annual handling capacity from 1.2 million TEU (unit corresponds to a 20-foot container) to 1.4 million TEU and expand the size of the quay from 1,100 to 1,300 meters. The terminal currently covers 845,000 square meters, with a further 130,000 square meters available for expansion.
The port is also home to extensive pulp operations. The expansion will increase the capacity of the cellulose export complex from 3.6 tons to 5.4 million tons annually.

The project, which aims to ensure port capacity stays ahead of growing demand, marks DP World’s third round of investment since it began operations in Brazil in July 2013. To date, more than BRL 3 billion has been invested in the implementation and expansion of the Hafens invests terminal that is strategically located with access by land, road and rail, enabling large-scale multi-purpose operations.

“The investment in the Port of Santos is a calculated move that reflects the port’s position as a major artery for transport and logistics in the region. We have a major advantage in that the location of the port – with excess space and rail access – offers the opportunity to expand capacity. As a result, we have the flexibility to develop new projects that support our cargo diversification strategy, help meet the needs of national economic sectors and make Brazilian products more competitive in the global market,” said Fabio Siccherino, CEO of DP Welt Santos.

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