The Paranagua port area is being auctioned off and the company must invest R$910 million in improvements. Understanding | Parana

An area of ​​the Port of Paranagua, on the Paraná coast, was auctioned off and sold by investment fund Q-PAR09. The value of the grant amounted to R$615,000, and the group is expected to invest R$910 million in improving the port’s infrastructure over the next five years.

The auction was held on Wednesday (13), according to the Parana government. This is the fifth auction for port areas, which began in 2019. Read more below.

The area being auctioned was PAR09, which is intended for transporting and storing large quantities of hard vegetables. The area is about 26,500 square meters.

The dispute took place at the B3, the Brazilian Stock Exchange, in São Paulo, and was managed by the Paranagua and Antonina Ports Administration (APPA). The Q-PAR09 investment fund will be responsible for management for the next 35 years.

The site has a static capacity of 162,000 tons and a dynamic capacity of 3,159,000 tons.

The contract is expected to be signed in the first half of 2024, according to the Parana government.

According to the Government of Paraná, the investments planned for the site include the following works:

• Construction of nine new storage silos;
• Investments in the common area, such as the construction of the first phase of platform “F”;
• – Structuring the port’s logistical support area.

About 150 direct jobs should be created, according to the government.

The first area of ​​the port to be put up for auction was PAR01, in 2019, managed by Klabin. The area is about 27,500 square meters.

PAR12 was the second area to be auctioned in December 2020. The winning company was Ascensus Gestão e Participações. The site area is 74.1 thousand square meters.

At the beginning of 2022, PAR32 was purchased by FTS Group. The area is 6.6 thousand square meters.

In February this year, FTS Group also acquired a new area, PAR50.