Brazilian Building Companies Find Opportunities in Lebanon and Egypt

Brazzil Magazine covers

Brazilian Miguel Jorge meets HaririThe government of Lebanon wants Brazil to participate in their construction projects. The Lebanese prime minister, Saad Hariri, expressed his interest during a meeting with the Brazilian minister of Development, Industry and Foreign Trade, Miguel Jorge.

“They have a project for building 26 dams,” said Miguel Jorge, who explained that the works will be geared towards electric power generation in the Arab country.

Miguel Jorge visited in Lebanon heading a trade mission with 86 businessmen. Among them were representatives of Brazilian construction companies Andrade Gutierrez and Queiroz Galvão.

In Beirut, as well as in the city visited previously, Cairo, executives from those companies had a series of meetings with construction industry professionals in Lebanon and Egypt.

According to the president of the Arab Brazilian Chamber of Commerce , Salim Taufic Schahin, there are several opportunities for the building industry in Lebanon, and the Brazilian Development Bank (BNDES) may provide support to companies in those projects.

“There are opportunities for the building material sector, in spite of Chinese competition,” said Schahin.

Minister Miguel Jorge was also welcomed, in Beirut, by the president of the country, Michel Sleiman. The Lebanese head of state is going to be in Brazil in April on an official trip and will go to Brasília, Rio de Janeiro, and São Paulo.

According to Miguel Jorge, he made a request for efforts to be sped up for the signing of an agreement between Lebanon and the Mercosur. The meeting was attended by some other authorities, such as the president of the Arab Brazilian Chamber, Salim Schahin, and of the Brazilian ambassador to Beirut, Paulo Fontoura.

The group also discussed cultural and migratory ties between Brazil and Lebanon. “We talked a lot about the Lebanese in Brazil. We have over 30 congressmen of Lebanese origin, five ministers,” said Miguel Jorge.

The minister himself and the Arab Brazilian Chamber president are of Lebanese origin. The honorary consul of Lebanon to São Paulo, Mustapha Abdouni, is also a member of the Brazilian delegation.

Anba

Tags:

You May Also Like

Brazzil Magazine covers

Brazilian Inflation to Be Below 6%, But Above Government’s Target

Brazil’s Broad Consumer Price Index (IPCA) is expected to end the year at around ...

Brazzil Magazine covers

Brazil Exports 804 Soccer Players in 2005 and Makes US$ 1 Billion in a Decade

Between 1994 and 2005 Brazil exported soccer players to foreign clubs valued in over ...

Brazzil Magazine covers

Brazil Court Shuts Down US Soy Giant Cargill for Destroying Amazon

Brazil's Environmental Agency IBAMA has shut down a huge soy processing and  shipping facility ...

Brazzil Magazine covers

Escola de Samba’s Chief Found Shot in Brazil. No Leads, No Motives

The president of Estácio de Sá’s Escola de Samba (Carnaval Group), Flávio José Eleotério, ...

Brazzil Magazine covers

Light Oil Discovery in Brazil Opens Windows of Opportunity

Tests carried out by Petrobras through vertical well 1-RJS-628A drilled at 2,140 meters (7,021 ...

Brazzil Magazine covers

Brazil Praised by UN for Its Water Management

The Brazilian water management model is considered an example by the United Nations Organization. ...