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
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