sao joao da barra super port

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    A gigantic concrete pier that juts nearly two

    miles out into the South Atlantic and boasts

    an unusual nickname: the Highway to China.

    Dozens of 38-tonne pillars is part of the

    Superporto do Acu, a 1.6 bn port and

    industrial complex that is being erected on the

    Rio coastline, on an area equivalent to 12,000football pitches.

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    Reportedly the largest industrial port complex

    of its type in the world, Acu is one of the most

    visible symbols of Chinas rapidly accelerating

    drive into Brazil and South America as it needsto guarantee access to much-needed natural

    resources and bolster its support base in the

    developing world.

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    When Acu opens for business in 2012, its 10-

    berth pier will play host to globetrotting armada

    of cargo ships, among them the 380-meter long

    Chinamax the largest vessel of its type, capableof ferrying 400,000 tonnes of cargo.

    Millions of tonnes of iron ore, grain, sory and

    millions of barrels of oil are expected to passalong the Highway each year on their

    unquenchable thirst for natural resources.

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    Currently being built by LLX which should

    bring billions of dollars of Chinese investment.

    This new phase of engagement with Brazil and

    South America, is part of Chinas going out

    strategy an economic push by China into

    overseas companies and projects.

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    How it facilitates International

    Business?

    Deloitte predicted that Chinese investments inBrazil could hit an average of about $40 bn a yearbetween now and 2014.

    The surge in Chinas South American spending isnot just a Brazilian phenomenon.

    Ecuador has already signed around $5 bn ofbilateral deals with China this year, including $1.7

    bn to help build a hydro-electric dam and $1bninvestments for oil exploration and infrastructureprojects.

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    Chinese companies have sunk $1.4bn into mining

    operations in Peru this year, while in April 2010

    Hugo Chavez announced that the Chinese,

    already major sponsors of Venezuelan oilexploration, had agreed to open a $20bn credit-

    line for the Bolivian revolution.

    Acu residents are learning Mandarin to achievecompetitive advantage in terms of skillsets.

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    This is part of a Chinese strategy of going to

    the market more and more. They are already a

    very considerable presence in Africa and we

    are now going through this moment in Brazil. LLXs CEO Leonardo Gadelha

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    Reference

    http://www.guardian.co.uk/world/2010/sep/1

    5/brazil-port-china-

    drive?cat=world&type=article

    http://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=articlehttp://www.guardian.co.uk/world/2010/sep/15/brazil-port-china-drive?cat=world&type=article