Brazil expects more investment from China interests: São Paulo mayor

China is Brazil’s most important business partner and São Paulo mayor João Doria expects more investments to flow, Xinhua reports.

The Government-run news agency reported Mr Doria’s remarks ahead of a tour of China that began today.

“We have programmes to encourage foreigners to invest in São Paulo,” Mr Doria was reported as saying. “We will start in August the largest ever city privatisation programme. This means that we will offer opportunities to the private segment acquiring services and public properties.”

Brazil’s biggest city is targeting investment in transport, technology, urban mobility, housing, healthcare and public security.