metatag Sí£o Paulo, Brazil, Invests US$ 4 Billion in Infrastructure - brazzil

Sí£o Paulo, Brazil, Invests US$ 4 Billion in Infrastructure

The secretary of Science, Technology, Development and Tourism of the State of São Paulo, Brazil, João Carlos Meirelles, said that his state will turn investment of over US$ 4 billion to infrastructure projects during the years of 2005 and 2006.

This statement was made today during the Brazil-Arab Countries Business Meeting in São Paulo, the financial capital of Brazil, organized by the Arab Brazilian Chamber of Commerce (CCAB).


“Part of these projects, however, will take place in partnership and will have full guarantees by the state government, which obeys world standards for contracts,” stated the secretary to an audience of businessmen.


He pointed out that the opportunities are not restricted to partnerships with the government, but also among the private sector.


Meirelles recalled that the state has the largest port in Latin America, Santos, and that it may be the natural route for products imported to South America from the Arab countries, and as a gateway for exports of Brazilian products to the Arab world.


On defending the partnership between the Arab nations and Brazil, Meirelles pointed out that the region may also be a re-exporter of Brazilian products. From the Arab ports, products could be distributed to Africa and Central Asia.


Anba

Tags:

You May Also Like

Brazil’s Petrobras Gets Record Earnings Despite Higher Extraction Costs

Brazilian government owned Oil Company Petrobras announced Friday, November 11, a record high third-quarter ...

Brazilian Oil Spill Hurts 3,000 Fishermen

The State Environmental Control Commission from the southeastern Brazilian state of Rio de Janeiro ...

Greenpeace protests against Bunge in Passo Fundo, Brazil

Labeling Transgenic Food Is the Law in Brazil. But Nobody Obeys It

The multinational food giant, Bunge, has 60 days to inform the public in Brazil ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`