Brazil Sets Mid-December Auction Window for Santos Megaterminal, Expects R$5 Billion

Overview

• The Tecon Santos 10 container terminal tender is slated for December 15–18 on B3 in São Paulo.
• Officials say the project would double container handling capacity at the Port of Santos.
• A preliminary TCU report rejected Antaq’s proposed two-phase auction, and the ministry must file comments by September 26.
• CADE has been asked to assess competition effects, and a TCU plenary decision will define the final model and confirm the timetable.
• Separately, the minister said the São Sebastião port auction will shift to early 2026, reflecting adjustments to a concessions pipeline targeting nearly R$40 billion by 2026 after record 2024 port volumes.