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China: Sany Builds Brazil Business

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Chinese machinery producer Sany finds a strong market in Latin America, especially Brazil.

BY RUTH MORRIS

 

SHANGHAI -- As Brazil rambles down the road towards World Cup readiness-- there are stadiums to be built, airports to be revamped, bullet trains to be unveiled-- Chinas Sany Group is positioning itself to help pave that road, literally.

 

A giant within China, with its eye on international expansion, the heavy construction machinery company is one a myriad of businesses that stand to gain from Brazils upcoming sports extravaganza. 

 

The lure: a Brazilian pledge to spend billions on an extreme infrastructure make-over ahead of the 2014 World Cup kickoff, and the lighting of the Olympic torch two years later. A longer-term, one-trillion-dollar infrastructure plan includes ...

 

 

Keywords: Brazil, Chile, KPMG, Olympics, World Cup

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