Brazil requests Chinese help
Negotiations may lead to cooperation in textile production.
A number of Chinese investors led by Hu Jiankan, Vice-President of the Chongqing Provincial Government recently visited the Brazilian state of Bahia, to investigate the possibility of establishing new joint business ventures.
According to State Secretary for Agriculture, Eduardo Salles, there is a real hope that a new textile project would result from the visit. He claimed that Bahia is the second-largest producer of cotton in Brazil, with an excellent rate of productivity.
“In spite of that, there is no real textile industry presence in Bahia,” said Mr Salles. “We want to make more of our natural resources and create jobs and wealth.”
Mr Salles encouraged Chinese organisations to partner Brazilian companies, in order to help set up a new textiles cluster in Bahia.
This article was originally published on page 4 of the September 2012 issue of SATRA Bulletin.