The U.S. Will Invest $1 Billion in Brazil for Oil and Gas Projects, Infrastructure, Mining, Angra 1 Nuclear Plant Renovation, and Telecommunications

Written by Flavia Marinho

Published on 22/10/2020 at 10:52

O investimento no Brasil anunciado pelo Banco dos EUA também será para a compra, por produtores brasileiros, de aviões agrícolas produzidos no Texas

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The Investment in Brazil Announced by the U.S. Bank Will Also Be for the Purchase by Brazilian Producers of Agricultural Aircraft Produced in Texas

On last Tuesday (10/20), the Export-Import Bank of the United States (EximBank) and the Ministry of Economy signed a memorandum of understanding that provides for the offer of up to 1 billion dollars (about 5.6 billion reais) in credit from the U.S. government to finance projects in Brazil in oil and gas, infrastructure, mining, the refurbishment of the Angra 1 nuclear plant, telecommunications, among others.

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According to Kimberly Reed, the President of the U.S. bank, the amount includes US$ 345 million for refurbishments at the Angra 1 plant by the American company Westinghouse. Resources will also be invested for the purchase, by Brazilian producers, of agricultural aircraft produced in Texas.

The document signed in a ceremony at Itamaraty also establishes commitments between Brazil and the U.S. to advance cooperation in the trade of goods and services, especially in the sectors of telecommunications and 5G, energy, infrastructure, logistics, mining, and manufacturing.

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The U.S. Will Invest $1 Billion in Brazil for Oil and Gas Projects, Infrastructure, Mining, Angra 1 Nuclear Plant Renovation, and Telecommunications

The Investment in Brazil Announced by the U.S. Bank Will Also Be for the Purchase by Brazilian Producers of Agricultural Aircraft Produced in Texas

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The U.S. Will Invest $1 Billion in Brazil for Oil and Gas Projects, Infrastructure, Mining, Angra 1 Nuclear Plant Renovation, and Telecommunications

The Investment in Brazil Announced by the U.S. Bank Will Also Be for the Purchase by Brazilian Producers of Agricultural Aircraft Produced in Texas

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Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

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