Brazil

The first section of Brazils West-East Integration Railway (FIOL) was inaugurated in Ilhus, Bahia state, Brazil.The 126-kilometer section was built by China Railway No.10 Construtora de Brasil (CREC-10 Brasil), a Chinese company commissioned for the project.The construction took 36 months to complete.
This section is part of the first phase of FIOL, with four lots in total.FIOL I spans 537 kilometers from Ilhus to Caetit in Bahia, serving as an important logistics corridor capable of handling up to 60 million tons of cargo annually.Chinas ambitious rail project in Brazil: West-East Integration Railway inaugurates first section.
(Photo Internet reproduction)After completing all three phases, the FIOL will be connected to the North-South and Central-West railroads, forming Brazils national rail network.During the inauguration ceremony, President Luiz Incio Lula da Silva emphasized the need for increased investment in Brazils rail sector.He stated that such investment could enhance the competitiveness of Brazils steel industry and create more job opportunities for the citizens.Li Haifeng, the executive chairman of CREC-10, expressed the companys commitment to building the FIOL to high standards and sustainability for the benefit of the local population.He also highlighted the contribution of Chinese quality to the project and its alignment with the Belt and Road Initiative.The Belt and Road Initiative, also known as One Belt, One Road, is a series of intercontinental trade and infrastructure projects initiated by China in 2013.It aims to strengthen connections between the Peoples Republic of China and over 60 countries across Africa, Asia, and Europe.CREC-10 has been actively involved in Latin America since 2005 and has established expertise in various sectors such as mining, forestry, and railroads.The company maintains offices and working groups in Peru, Venezuela, Argentina, Colombia, Chile, and Mexico.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Peru's Companies in 2025: Reputation and Risk Take Center Stage


Peñico: Peru's 3,500-Year-Old City Sheds Light on Ancient Trade and Survival


[Brazil] - Left-Wing Activism Linked to Sharp Rise in Antisemitic Incidents in Brazil


Conservative Momentum: Kast Emerges as Main Rival to Chile’s Communist Bid


Chinese Cars Flood Mexican Market, Creating Record Trade Gap


Chile’s Startup Surge Stalls as Regional Rivals Gain Ground


[Brazil] - BRICS Summit in Rio: Few Leaders, Vague Statements, No Major Moves


[Brazil] - Brazil's Trade Surplus Shrinks as Imports Rise and Export Prices Fall


[Brazil] - Brazil and China Move to Unlock Uranium Potential With New Mining Partnerships


[Brazil] - Modi's Brazil Visit Shows BRICS Wants More Control Over Trade


[Brazil] - Brazil's Industry Struggles as High Interest Rates Hurt Confidence


Brazil’s Workers’ Party Faces Crucial Vote as Over 1.6 Million Members Choose New Leader


Football Games for Sunday, July 6, 2025: Match Schedule and Live


A.I.'s Imperial Quest: Echoes of the East India Company's Ruin


Football Games for Saturday, July 5, 2025: Match Schedule and Live


[Brazil] - Dollar Holds Firm Against Real as IOF Uncertainty and Weak Trade Data Shape Market


Brazil’s B3 Sets New Record the Second Day in a Row on July 4


Crypto Market Enters Q3 with Cautious Stability Amid ETF Shifts and Altcoin Volatility


Latam Airlines Overtakes Lithium Giant as Chile's Most Traded Stock


Nile Basin Tensions Rise as Ethiopia Completes Africa’s Largest Hydroelectric Dam


Venezuela Begins Making Russian Ammo: Why This Factory Matters


Copa Airlines Grows Routes, Strengthens Panama’s Position as Key Connector in the Americas


LatAm’s Longest Overwater Bridge Project in Brazil Faces Hurdles


Gold Holds Firm as Market Eyes U.S. Policy and Global Risks


[Brazil] - Brazilian Real Strengthens as Commodities and Policy Shape Market


Bitcoin Holds Above 109,000 as ETF Inflows and Technicals Steady the Market


Ibovespa Sets New Record as Commodities and Wall Street Drive Gains


[Brazil] - Petrobras Launches Major $5 Billion Drive to Boost Diesel and Jet Fuel Output in Rio


[Brazil] - Mercosur: Milei's Iron Curtain Speech, the Clash with Lula, and What's at Stake


Big Beautiful Bill Passes House, Leading to the Largest Tax Cut in American History


[Brazil] - Huge Deals, Fewer Moves: Brazil&& s M A Market Shifts in 2025 Brazil's mergers and acquisitions market in 2025 is seeing larger offers however less of them. Main figures show that the overall value of M&A transactions leapt 40% to


Pompeo Calls on Latin America to Decide Between U.S. and China


[Brazil] - Brazil's Navy Boosts Gulf of Guinea Security to Safeguard Trade Routes


Peso's Rally Pauses: U.S. Economic Strength Lifts Dollar Against Mexican Currency


Colombian Peso Extends Rally as Dollar Faces Renewed Pressure


Iron Ore Prices Surge as Supply Adjustments and Technical Breakout Drive Market


Breakout Above Key Averages Propels Silver Higher


Copper Maintains Upward Momentum with Steady Price Increases


Oil Prices Rise on July 2 as Geopolitical Tensions and Supply Data Drive Markets


Gold Defies Downward Pressure, Signals Renewed Buying Momentum


Dollar Slides to 11-Month Low Against Real as Commodities and US Data Shift Market Balance


Bitcoin Holds Above $109,000 as ETF Flows and Technicals Drive Market Action


[Brazil] - Brazil's B3 Falters as Fiscal Tensions and Banking Pressure Offset Commodity Gains