May 27, 2010

Brazil's highway to China

From the FT's beyond brics' blog:

400km north of Rio de Janeiro sits Açu Superport, a port and industrial complex one and a half times the size of Manhattan Island with a main pier sticking out 3 km into the south Atlantic being built by Eike Batista, a billionaire entrepreneur and Brazil’s richest man... Next will come the berths, for up to 10 ships loading and unloading iron ore, coal, oil, granite, pig-iron and steel... China’s deputy trade minister looked at the pier and called it “a highway to China”.

1 comment:

Cam said...

We need one of these big ports in Australia as well....there is always a queue of ships a mile long waiting to ship the coal out of Queensland.