China interested in investing in Brazil’s rail network

26 June 2014

The Chinese government has shown interest in investing in infrastructure projects in Brazil, mainly in its rail network, according to the chairman of logistics and planning company Empresa de Planeamento e Logística (EPL), Paulo Passos.

Cited by website Portal Brasil, the chairman of EPL said interest was shown at a meeting in Beijing with the deputy director-general of the National Development and Reform Commission, Wang Jianjun.

“Brazil is a country that needs to improve logistics and along with technology China can contribute with investments,” Wang said.

Passos noted that Brazil offered great opportunities for investment and gave the example of concessions on roads, railways, ports and airports.

EPL is a state company focused on structuring and planning, through studies and surveys, integrated logistics in Brazil, interlinking roads, railways, ports, airports and sea and river links. (macauhub/BR/CN)