Brazil: Chinese business-owners interested in transport projects in Rio de Janeiro

20 February 2008

Rio de Janeiro, Brazil, 19 Feb – Chinese business owners from the city of Dailan in northeast China, have shown interest in providing the technology and equipment for construction of the future high speed rail link between Rio de Janeiro and Sao Paulo in Brazil.

The Chinese delegation expressed its interest in the project during a meeting with Júlio Lopes, the transport secretary of the state of Rio de Janeiro

“The group showed a lot of interest in the high speed train. The initiative is very important for the city’s transport system as well as for the Rio de Janeiro Olympic project,” he said.

Lopes also told macauhub that the mission of Chinese businesspeople showed, “great interest in the rail and port sectors, which is an area where we can sign contracts.”

Despite being the fourth largest Brazilian state (43,800 square kilometers), Rio de Janeiro is responsible for the country’s second largest gross domestic product (GDP): 89.56 billion reais in 2005.

Lopes also said that there had been discussions about the expansion and modernization of the rail and metro systems in the Rio de Janeiro metropolitan region, which are due to be implemented this year.

“We need to double the capacity of transport in Rio de Janeiro, from 500,000 people per day to one million. For that project, we are going to purchase 108 new wagons,“ Lopes said.

He also noted that an international tender would be launched for the supply of the railway materials and that “there is no priority for any country.”

During the meeting the possibility of a partnership between Dailan and Rio in the cargo and logistics sector was also discussed.

Dailan has the biggest port structure in the Bohai Gulf region of China and serves as a point of passage for products that arrive from and leave for Beijing.

In 2007 Rio de Janeiro state exported US$14.32 billion and imported US$9.6 billion, with China as its fifth export market (US$838 million) and its third largest supplier (US$908.4 million). (macauhub)