Cooperation

China-Brazil infrastructure cooperation mutually beneficial: experts

ShangaiDaily.com
25/01/2016 13:18
Visualizações: 1226 (0) (0) (0) (0)

Infrastructure cooperation between China and Brazil is mutually beneficial and should be further strengthened, experts say.

 

Brazil hopes to attract Chinese investment in highways, railways, ports, airports and other infrastructure projects, while the Chinese government regards infrastructure building key to bilateral cooperation, they say.

 

"The Brazilian government can count on infrastructure investment as a way to overcome the current economic recession, and promote economic and social development," Xie Wenze, a visiting scholar from the Chinese Academy of Social Sciences.

 

A 1-percent increase in infrastructure investment can raise Brazil's GDP by about 0.6 percent, he said.

 

Currently, bilateral infrastructure cooperation is mainly centered on one-off projects. Equity mergers and acquisitions around these projects are expected to bring long-term benefits for both sides, according to Xie.

 

Bilateral energy cooperation has yielded great results in recent years. China's State Grid Corp. has expanded its business in Brazil as a result.

 

"The experience of equity mergers and acquisitions on the part of China's State Grid Corp. could be promoted to other ... projects in railways, highways, ports and other areas," said Ivanildo Marcos Beltrao, a Brazilian company official.

 

To support cooperation projects between China and regional countries, the China-Latin American Cooperation Fund was launched in early January with a startup capital of 10 billion U.S. dollars.

 

A similar 10-billion-dollar fund was set up in September, 2015 to support China's investment in an array of medium- and long-term projects in Latin America.

Most Read Today
see see
Sustainability
ATPI Expands Global Sustainability Portfolio with Brazil...
06/08/25
Results
ANP releases consolidated 2024 data in English for the r...
29/07/25
Sergipe Oil & Gas 2025
SOG25 Surpasses Expectations in Its 4th Edition and Sets...
28/07/25
Sergipe
Government of Sergipe and Petrobras Strengthen Partnersh...
28/07/25
Sergipe Oil & Gas 2025
Sergipe Oil & Gas 2025 Highlights the Competitiveness of...
25/07/25
Sergipe Oil & Gas 2025
Márcio Félix, President of ABPIP, Sees a Promising Futur...
25/07/25
Sergipe Oil & Gas 2025
Sergas Highlights Progress and Expansion of Natural Gas ...
25/07/25
Permanent Offer
ANP Approves Studies for the Calcita Project, Potentiall...
25/07/25
Sergipe Oil & Gas 2025
Natural Gas Market Takes Center Stage on Second Day of S...
25/07/25
People
New Interim Director to Take Office on 7/25 at ANP’s Dir...
24/07/25
Sergipe Oil & Gas 2025
Sebrae Participates in the Opening of Sergipe Oil & Gas 2025
24/07/25
Royalties
Royalties: May Production Revenues for Concession and Tr...
24/07/25
Sergipe Oil & Gas 2025
Sergipe Reinforces National Leadership in the Energy Sec...
24/07/25
Sergipe Oil & Gas 2025
Sergipe’s Oil and Gas Potential Highlighted at SOG25 Opening
23/07/25
Sergipe Oil & Gas 2025
Sergas Participates in Sergipe Oil & Gas 2025 with Focus...
23/07/25
Sergipe Oil & Gas 2025
Fourth Edition of Sergipe Oil & Gas Highlights State’s R...
23/07/25
RD&I
ANP Holds Workshop on Private Equity Investment Fund (FIP)
23/07/25
Campos Basin
Petrobras announces Approval of the Production Individua...
23/07/25
ADIPEC 2025
ADIPEC 2025 Technical Conferences achieve record submiss...
22/07/25
People
BCCK names Andres Martinez as business development manager
21/07/25
Fenasucro
Brazil Holds Global Leadership in Renewable Cogeneration...
21/07/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2