Brazilian president presents investment opportunities to German counterpart

Brazilian President Dilma Rousseff presented her German counterpart Christian Wulff with investment opportunities in Brazil's infrastructure sector here Thursday at the Planalto Palace, the presidential headquarters.


Rousseff said that Germany is an important partner of Brazil in terms of investment as 1,200 German companies are operating in the country.


Recent announcements of new investments in the automotive, heavy civil construction and chemical industry sectors are demonstrating confidence in the Brazilian economy, she said.


"I presented new opportunities to President Wulff, including the PAG (Program to Accelerate Growth), the investment in ports and airports for the World Cup and the Olympics, as well as the expectation of German participation in the construction of the high-speed train between Rio and Sao Paulo," she said.


Wulff came to Brazil accompanied by a large delegation of businessmen, with whom he will also visit Sao Paulo and Rio de Janeiro. The visit is scheduled for May 4 to 7.


German companies expressed interest in investing in the airport concession plan in Brazil and in participating in the bidding process for the bullet train.


Rousseff also highlighted educational exchanges between Brazil and Germany, which will allow thousands of young Brazilians to study in the European country, especially in the areas of engineering, physical sciences and biological sciences.


The German president said that Brazil will be the theme country of the 2012 CeBIT technology fair, the biggest event of the digital industry in the world, which takes place in Hannover.


The presidents also discussed issues on the international agenda, including the two countries' bids for a permanent seat on the United Nations Security Council and their performances in the G20.
(Source:http://news.xinhuanet.com)