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Trade body urges construction firms to seek out £20bn construction bonanza in Brazil

UK Trade & Investment is urging UK companies to bid for more than £20bn worth of infrastructure projects in Brazil. The contracts relate to the Pedra de Ferro mining project, the 2014 World Cup and 2016 Olympics.

The Pedra de Ferro mining project, in North East Brazil is expected to award contracts worth in excess of £3bn. It is particularly keen to award contracts that provide eco-efficient technologies and clean development mechanisms. 

The project is calling for mining infrastructure, construction, transport infrastructure (including road and rail building and construction of shipping and container terminals) and new port development.

UKTI estimates that the World Cup and Olympic Games in Brazil will generate business opportunities worth up £17bn to British companies. The opportunities include construction (such as stadiums, infrastructure and commercial premises), environmental services and transportation.

UK Trade & Investment is running a trade mission for companies to learn more about this opportunity from 24 May until 1 June. Eligible British companies will have the chance to meet the World Cup Delivery Authority, leading Brazilian contractors as well as global manufacturers producing in Brazil, Anglo American, Rio Tinto and other end users of construction and mining equipment.

 

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