Santos Terminal 39

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ADM - Armazens Gerais Ltda.won a 20-year concession to rehabilitate and operate the Terminal 39, a dry bulk terminal at the Port of Santos on October 11, 1997. Terminal 39 is specialized in grains and its total area has 49,962 square meters. ADM has to pay monthly installments of US$ 30,300 (R$ 36,900) to CODESP, the government agency responsible for the Port of Santos. The company expected to invest US$ 13.5 million (R$ 15 million) during the concession period to rehabilitate the terminal facilities. As of December 2000, ADM had already invested US$ 8.2 million (R$ 15.14 million) in the terminal. In June 2017, the sponsors were granted a 33-year contract extension in exchange for an additional investment of US$ 82.9 million (BRL 163.5 million). Only port projects which committed US$ 10 million or more in investments were included in the database.