SAO PAULO (Reuters)-Coamo, Brazil’s largest agricultural cooperative, will invest R $ 3 billion in the construction of a port in Itapoá, north of Santa Catarina, according to information released by the state government on Monday and confirmed by the group on Tuesday (26).
The operation of the new Porto is scheduled for 2030, according to the government statement, which mentions that three berths will be built with expected to move 11 million tons per year.
Coamo, which earned R $ 28.8 billion in 2024, already operates in the port of Paranaguá (PR), through which the production of grains such as soy, corn and wheat of its 32,000 members drains.
Continues after advertising
The new Porto will have terminals of agricultural bulk, liquid fuels, fertilizers and LPG (liquefied petroleum gas), according to the statement of the Santa Catarina government, published at the meeting of cooperative leaders with the state governor, Jorginho Mello.
“This is a dream of our producers. We already have two terminals in Paranaguá, where we flowed almost 5 million tons a year,” said Coamo President Airton Galinari.
“And we feel the need for this expansion because there are business that we really can’t do,” he said, according to the note.
