DP World to invest $35m to boost container capacity in Brazil

DP World

Dubai global ports operator DP World is planning to invest $35 million in 2023 to expand and modernise its facilities located on the left bank of Brazil’s Port of Santos.

The port is one of the largest and most modern private multi-purpose port terminals in the country.

With the investment, the company plans to increase annual movement capacity from 1.2 million TEUs (unit equivalent to a twenty-foot container) to 1.4 million TEUs and expand the size of the quay from 1,100 metres to 1,300 metres.

The terminal currently occupies 845,000 square metres, with an additional 130,000 square metres available for expansion.

The port houses extensive cellulose pulp operations. 

The project marks DP World’s third round of investment since operations began in Brazil in July 2013.

To date, more than R$3 billion has been invested in the implementation and expansion of the terminal. 

“Investing in the Port of Santos is a calculated move that reflects the port’s position as a critical artery for transportation and logistics in the region. We have a strong advantage in that the Port’s location – with surplus area and rail access – provides the opportunity to expand capacity.”