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«AgroInvest» — News — Brazil ready to invest EUR 300 million in Serbia

Brazil ready to invest EUR 300 million in Serbia

2012-02-09 13:40:55

Brazil is ready to invest EUR 300 million through its Development Bank in infrastructural projects in Serbia, it was announced at the meeting between Brazil's economic delegation and Serbian Minister of Infrastructure and Energy Milutin Mrkonjic, held in Belgrade.

Brazilians are above all interested in Corridor 11, the completion of the Belgrade railway network, as well as the construction of tunnels and underground facilities.

The participants of the meeting included, among others, Brazilian Ambassador in Belgrade Alexandre Addor-Neto, and Remo Brunelli Filho, President of the Zagope company for Europe, Brazil's third largest construction company with an annual turnover of EUR 10 billion.

The Zagope representatives expressed interest in cooperating with Serbia, particularly in the contruction of roads, bridges, reconstruction of railway systems, airports, metro systems, railway stations, hydro and thermal power plants, as well as projects of the authorized ministry.

The Brazilian Ambassador told Tanjug that he is pleased that one of Brazil's largest construction companies that does business in over 30 countries across the world is interested in investing in Serbia. Addor-Neto said that the aim of the Zagope representative's visit to Belgrade is to gather ideas on projects for the improvement of infrastructure and transport that Serbia is interested in.

He pointed out that the goal is also to include the Brazilian Development Bank in the realization of infrastructural projects in Serbia, adding that the two countries have friendly relations and many similarities. Addor-Neto concluded that now is the time for promotion of all types of cooperation between Serbia and Brazil.

During the three-day visit to Serbia, the Brazilian economic delegation held meetings with the representatives of the Serbian Railways, Roads of Serbia, Corridors of Serbia, Internal Navigation Routes Directorate Plovput, and other companies.

 

 

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