Chilean pulp and paper producer CMPC is expected to start an investment of 1.5 billion (bn) reais (US$280 million) for the construction of a port terminal in the Brazilian state of Rio Grande do Sul.

The terminal will include two berths for ship docking, two berths for barges and a warehouse with a static capacity of 194.000t of pulp, according to the state government of Rio Grande do Sul.

The project fits into broader regional infrastructure efforts, with Brazil planning multiple port auctions in 2026.

The construction of the port terminal is part of a company program called Projeto Natureza, which includes the construction of a new pulp mill in Barra do Ribeiro.

“We are living in an international environment marked by growing trade tensions and, to mitigate such effects, we need to ensure competitiveness for our companies, and one of the essential tasks for this is to invest in infrastructure to reduce exporters’ logistics costs,” said José Augusto de Castro, president of the Brazilian Foreign Trade Association (AEB), to BNamericas.

Source: vietnamnet.vn