Lula announces sizeable Chinese investments in infrastructure

Lula announces sizeable Chinese investments in infrastructure

Brazilian President Luiz Inácio Lula da Silva announced Monday that Chinese investors would be allocating some R$ 27 billion (US$ 4.69 billion at the current exchange rate) to infrastructure and other development in the South American country. He made those remarks during his participation in the Brazil-China Business Forum in Beijing. The investments will also cover the areas of education and technology, it was explained.

The Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) announced a total of R$27 billion (about $4.75 billion) in investments of Chinese companies in Brazilian territory. China will invest in Brazil in services, food and renewable energy aparece primero en NODAL.

During the official visit of the President of Brazil, Luiz Inácio Lula da Silva, to China, in entourage with the Minister of Communications, both nations signed 20 agreements covering various areas, including trade, agriculture, science, technology and investment. State companies Telebras and Dataprev are two of the beneficiaries of Chinese investment, which totals R$27 billion (approximately $4.8 billion). Among the agreements, the expansion of…

The leader of the Brazilian Export and Investment Promotion Agency (ApexBrazil) said they were present at the event over 500 Chinese and 200 Brazilian entrepreneurs. In a statement published by the Brazilian Presidency on Tuesday, Jorge Viana also noted that 25% of Brazil's imports are from the Asian country. Brazilian President Luiz Inácio Lula da Silva was opening the event and said that China "has been an example" for making business and inve…

Brazil by Fato / Latin American Summary, May 12, 2025. Photo credit: – Ricardo Stuckert / Public Relations The announcements were made this Monday (12), during the Brazil-China Business Seminar. The Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil) announced a total of R$ 27 billion in investments of Chinese companies in the territory [...] Entry Brazil. With Lula in Beijing, the government announces that China will inve…

During the fourth state visit to China — the third in less than two years — Brazil celebrated the attracting of Chinese investments through the Brazilian Agency for the Promotion of Exports and Investments (ApexBrazil) in the order of $27 billion. The announcement was made on this Tuesday (12) during the closure of the Brazilian-China Business Forum in Beijing, which included the presence of President Luis Inácio Lula da Silva. “Today we take an…