Rumo and DP World have announced a partnership to construct a new grain and fertilizer terminal at the Port of Santos, enhancing Brazil’s logistics capabilities with an investment of R$ 2.5 billion.

Target Information

Rumo, the largest railway operator in Brazil, has entered into an agreement with DP World, a leading global logistics provider, to construct a new port terminal specializing in grain and fertilizer handling at the Port of Santos in São Paulo. This terminal will significantly enhance the movement capacity to 12.5 million tons per year, composed of 9 million tons of grains and 3.5 million tons of fertilizers.

The terminal will be situated at DP World's private use terminal (TUP) on the left bank of the Santos channel. The initial contract between the two companies is set for a duration of 30 years, with conditions for renewal contingent upon DP World's port authorization. Rumo's projected investment for this infrastructure project is R$ 2.5 billion, with potential for future strategic partnerships throughout the construction phase.

Industry Overview in Brazil

The logistics sector in Brazil is crucial for the country's agro-industrial export-driven economy. The rise in agricultural production has amplified the need for efficient transportation solutions to ensure that commod

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Rumo

invested in

DP World

in

in a Strategic Partnership deal

Disclosed details

Transaction Size: $476M

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