On April 16, CCCC held the signing ceremony
of the agreement on equity transfer of Concremat Engenharia & the consignment agreement
on Sao Luis Port
investment and financing in Sao Paulo,
Brazil. Flores,
Representative of the Brazilian Presidential Palace and Deputy Head of the
Brazilian Chamber of Deputies; Sun Ziyu, Vice President of CCCC; Li Jinzhang,
Chinese Ambassador to Brazil and Flavio Dino, Governor of Maranhao attended the
ceremony.
Flores
delivered a speech on behalf of the Brazilian Presidential Palace. He conveyed
the congratulations of Brazilian President Michel Temer and Brazilian Minister
of Transport Maurício Quintella, welcomed and extended congratulations on
CCCC's acquisition and investment in Brazil. China
and Brazil are strategic
partners, CCCC achieved a strong combination through the acquisition, said him,
expecting CCCC to participate in Brazil's
infrastructural construction more actively to support Brazil's
economic and social development.
Sun introduced the overall situation of
CCCC. He said CCCC has full confidence in its investment in infrastructure and
other fields in Brazil.
China and Brazil have strong economic and trade complementarity, Brazil's
investment environment has improved gradually, as China's largest traffic infrastructure
investor, CCCC is committed to becoming a partner to share the economic and social
development responsibilities of government, a participant to deeply involve in
the regional economic development
and a quality public service provider for government procurement. Based on Concremat Engenharia, CCCC will
uphold the business concept of openness, transparency, legality and compliance,
respect local customs, protect ecological environment and deliver outstanding
"green projects" along with local partners.
Founded in 1952, Concremat Engenharia is mainly
engaged in planning, consultation, design, supervision, construction management,
environmental and social impact assessment and material testing. It came out on
top among Brazilian engineering design and consultation enterprises in 2016,
and holds a share of some 13.8 percent in Brazil's design and consultation
market. The acquisition and the signing of the project agreement marks a
milestone in the "three-step" strategy of CCCC South America.
