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BNDES Approves R$848 Million to Expand Tecon Salvador Container Terminal

The loan draws on the Merchant Marine Fund to push the port’s capacity beyond 1 million TEUs.

Overview

  • Financing supports enlargement of the storage yard, acquisition of domestic and imported port equipment, and infrastructure and technology upgrades.
  • Implementation is expected to generate about 1,400 direct and indirect jobs in Bahia.
  • Projected operational gains include increasing quay moves from roughly 70 to more than 100 containers per hour.
  • Officials say the expansion will ease logistics for shippers across the Northeast and Central-West and strengthen connections to export markets.
  • BNDES positions the package within its Blue Economy agenda, while no construction start date or completion timeline has been disclosed.