Itapoá Container Terminal

proposed

The project, under implementation of Itapoá Terminais Portuários S.A, consists of an expansion on the capacity of the quay and storage yard of the Itapoá Container Port, located in Santa Catarina, Brazil. The current Itapoá port has been operating above its capacity for the last two years and the expansion will allow it to adequate to the current market conditions and more efficiently serve the region.The project includes the following:• Yard expansion from 146k sqm to 296k sqm.• Wharf adequacy from 630m to 800m, in order to receive two ships at the same time• Container handling capacity increase from ~510,000 to ~1.2 mm TEUsThe financing from the IDB Group will consist of either one or two A Loans for an aggregate amount of up to one hundred and fifty million Brazilian Reais (RS$ 150,000,000), each to be funded by IDB Invest and/or the IDB.