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News 28

UK companies are urged to compete for £20 billion of construction projects in Brazil

UK Trade & Investment is urging UK companies to bid for more than £20 billion ($32 billion) of infrastructure projects in Brazil.

The contracts relate to the Pedra de Ferro mining project, the 2014 World Cup and 2016 Olympics.

The Pedra de Ferro mining project, in North East Brazil is expected to award contracts worth in excess of £3 billion ($5 billion). They are particularly keen to award contracts that provide eco-efficient technologies and clean development mechanisms.

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