CACEG may open a unit in Brazil

A delegation from the China Aerospace Construction Engineering Group (CACEG) met on the 29th of March with the deputy Fausto Pinato, president of the Brazil-China Parliamentary Front of the National Congress, and showed the interest in opening a company unit in Brazil.

Pinato said that in addition to the establishment of the company in the country, projects are evaluated in the structuring of special projects in priority areas such as science and technology, satellites, industries, construction and smart cities.

According to Pinato, “CACEG is a Chinese conglomerate of great importance for Brazil. The group has a very high investment potential and expertise in strategic areas for the development of the country.”

The Chinese company has an average revenue of reais 10 billion per year and has offices in 100 countries.

(Source: Diário de Pernambuco)