USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

Brazil expects more Chinese investment: Sao Paulo mayor

Xinhua | Updated: 2017-07-21 12:04

SAO PAULO — The Brazilian economy is just starting to recover and expects more investment from China, Sao Paulo Mayor Joao Doria told Xinhua here Wednesday ahead of his visit to China.

Doria, who is going to visit China from July 21 to July 30, said China is Brazil's most important business partner and Sao Paulo's largest commercial partner.

Sao Paulo is the largest city of Brazil and South America with 12 million inhabitants, said the mayor, thus it's an excellent place for Chinese companies to invest in the areas of industry, commerce, technology and services.

"We have programs to encourage foreigners to invest in Sao Paulo," said Doria, "and we will start in August the largest ever city privatization program. This means that we will offer opportunities to the private segment acquiring services and public properties."

The city is interested in receiving investments in transport, technology, urban mobility, housing, healthcare, and public security, Doria said.

"These are the main areas to which we intend to invite the Chinese investors," the mayor said.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US