The port of Paranagua´ is to receive investments to increase the storage of agribulk products, which is vital given that the state of Parana´ is focused heavily on this type of production. The port is also to issue a tender in respect of deepening the draught of the access channel from 13m to 16m, which will cost around $70 million to achieve.
According to the port superintendent, one of the main projects in hand is to remodel the port's export corridor, which will cost around $35 million, and also boost the imports of fertilizer. In order to do this, upgrading of existing berths must go ahead and also a new ‘T’- shaped pier will be required, costing the port authority some half a billion dollars in total, of which half will have to be raised from its own resources and the rest from private investors. BC