By Brazil Stock Guide – The Brazilian government secured a new $1.6 billion investment to upgrade the Port of Santos, the country’s largest cargo hub, following meetings in Dubai between the Ministry of Ports and Airports and executives from DP World (DPW.DI). The deal adds to a previously announced R$450 million package and is expected to significantly boost container-handling capacity over the next four years.
According to Agência iNFRA, Minister Silvio Costa Filho said the investment will increase the port’s throughput to 2.1 million TEUs by 2028, supported by a 190-meter berth extension scheduled for completion by August 2026. The expanded pier will accommodate New Panamax vessels of up to 150,000 deadweight tons, a shift expected to enhance Brazil’s competitiveness in global trade routes.
The second phase of the project includes a new pier, larger logistics yards, upgraded gate access, expanded inspection zones and improved cold-chain infrastructure. DP World will also deploy four ship-to-shore cranes, 15 rubber-tired gantries and 40 terminal vehicles, all meeting higher energy-efficiency and sustainability standards.
Costa Filho said the visit to Jebel Ali Port—one of the world’s most automated hubs, also operated by DP World—was instrumental in shaping Brazil’s modernization plans. “I came to understand how these innovations can expand Brazil’s capacity and attract more investment while aligning the country with global best practices,” he said.
The expansion is expected to strengthen export flows for pulp and containerized goods, solidifying Santos as a strategic gateway for Brazilian trade.
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