- Brazil
Three Brazilian companies have joined with a Swiss investment fund to build a 423mn-real (US$186mn) port at Navegantes, in Brazil's Santa Catarina state, local press reported.
Local companies Ivaí Engenharia e Obras, Triunfo Participações e Investimentos and Maresgaudium joined with Backmoon Investment fund to form the special purpose company Portonave to develop the port that will be built on the Itajaí-Açu river
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