Representatives of China’s leading rolling stock manufacturer CRRC met with Secretary of Cities, Lucio Gomes, and the preseident of the Cearense Society of Metropolitan Transport (Metrofor), Eduardo Hotz, to discuss the development of a new construction plant in the state of Ceará.
The meeting focused on the economy of the state and the possibility of creating an EPZ (Export Processing Zone) to help attract and enable foreign investment in the region.
The meeting, hosted by the Secretariat of Cities, is part of CRRC’s business prospecting visit in Brazil to identify new opportunities. During the meeting, the Chinese delegation presented details about its work in the Chinese market and business expansion possibilities in the Brazilian state.
According to CRRC, the company owns 80% of the local market, in manufacturing, assembly and installation of rolling stock and fixed systems. In Brazil, the company currently has offices São Paulo and contracts with the Rio de Janeiro Metro.
After the meeting, the executive Secretary of Cities, Ronald Borges, and Metrofor director John Menescal, lead the Chinese delegation on a visit to facilities of the South Line of the Fortaleza Metro.