By Brazil Stock Guide – Brazil is ramping up its infrastructure concessions program, targeting roads and ports through 2026. The plan was presented by Transport Minister Renan Filho and Ports and Airports Minister Silvio Costa Filho during BTG Pactual’s (BPAC11.SA) Macro Day event in São Paulo.
Renan Filho said President Luiz Inácio Lula da Silva’s administration expects between 10 and 15 new highway concessions in 2026, bringing the total to 35 by the end of the term. “Our pipeline is now the largest road concession program in the world,” he said, according to Valor Econômico. Since 1996, Brazil granted 24 concessions, 15 of which went into imbalance. Under the current government, two were completed in 2023, seven in 2024 and 12 are expected in 2025.
“We will do between 10 and 15 next year,” Filho added, underscoring that transparency and stable returns have strengthened investor confidence. “No one attracts investment without guaranteeing profitability to the investor, all with transparency and security.”
Ports: $7.2 Billion Expansion and Santos Megaterminal
Costa Filho highlighted that Brazil’s port sector should attract nearly $7.2 billion in investments by 2026, including the Tecon Santos 10 container megaterminal scheduled for auction in December, expected to bring in more than $900 million. “From 2013 to 2022, we had 40 port auctions with $1.1 billion in investments. In four years, we will do 60 auctions, worth nearly $7.2 billion,” he said.
Brazilian ports registered a record in 2024, handling 1.3 billion tons of cargo — a 5% increase overall and more than 18% growth in container operations. “I have never been so confident in the momentum we are experiencing in the ports sector,” Costa Filho noted.