Brazil government to invest BRL795 mln in Rio Grande Port

Brazil's government plans to investment 795 million Brazilian reals ($359.7 million) on expanding, repairing and dredging Rio Grande port in the south of the country, said Ports Secretary Pedro Brito, according to the local Estado newswire.
The expansion of the dock is due to be completed this year and dredging is expected to begin in May.
Rio Grande is a major export point for Brazil's soy shipments.

Source: http://online.wsj.com