Monthly Archives: April 2016

New railway Tete-Zambezia will be built in Mozambique

27/04/2016 source “Notícias” Seven foreign companies competed for the contract to build a railway with approximately 500 kilometres long that will connect the mining district of Moatize (in Tete province) to the port of Macuse (Zambezia province), according with information disclosed by the entity responsible for implementing the project, Thai Moçambique Logística. According to the…

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Gamesa consolidates its position in India with new wind farm contracts

26/04/2016 source “Expansión” Established as a manufacturer number one in 2015 for the third consecutive year, Gamesa continues to consolidate its presence in the Indian market with the signing of four contracts to supply a total of 198 MW. The “turnkey” projects make the company also responsible for all infrastructure required for the installation and…

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Merkel and Obama said that free EU-US trade would benefit both parties

25/04/2016 source “Financiero” German Chancellor Angela Merkel and the President of United States Barack Obama are in favour of sealing a free trade agreement between the United States and Europe, who consider that it may promote growth on both sides of the Atlantic. “The Transatlantic Agreement on Trade and Investment is one of the best…

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High-speed train will go under the sea in India

21/04/2016 source “Indian Times” The project for the first high-speed train in India is at least different. A seven-hour trip pass to take two is already in itself a very encouraging fact, but passengers will live an extra excitement: for a few kilometres of the route between the Indian cities of Mumbai and Ahmedabad train…

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OHL will expand a highway in Texas for 150 million Euros

20/04/2016 source “Expansión” The Spanish company OHL, through its OHL USA subsidiary, was awarded two contracts for the expansion and improvement of the mobility of the Interstate Highway 35 East, one of the most congested highways in Waxahachie, 80 kilometers south of Dallas, Texas, for 150 million Euros. The most significant contract is valued at…

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Italian ENI plans to invest 20 million Euros in Africa

18/04/2016 source “Jeune Afrique” Italian oil giant ENI, present in fifteen African countries, will invest “around 20 billion euros” on the continent over the next four years, according to the announcement made by its CEO, Claudio Descalzi, during a round table held in the headquarters of the International Energy Agency held in Paris last April…

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The EU will send a trade mission to Argentina

14/04/2016 source “BAE Negocios” Federica Mogherini, the EU High representative for Foreign Policy, announced after meeting yesterday with Argentine Minister of Foreign Affairs, Susana Malcorra, that the EU will have a business promotion mission in Argentina in the second half of this year. The Italian politician said that the European Industry Commissioner, Elzbieta Bienkowska, will…

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Isolux Corsán gets a contract at Delhi Metro for four million Euros

12/04/2016 source “Expansión” It was awarded to the Spanish company Isolux Corsán a project to design, install and start up a ventilation and environmental control system that includes the implementation of the most modern ventilation technology in Metro of Delhi. With a budget estimated at four million Euros, which will be financed by the International…

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II Investment Forum Paraguay-Europe

11/04/2016 source “Prensa Latina” The II Paraguay -Europe Investment Forum will take place today and tomorrow 11th and 12th April in Asunción, Paraguay’s capital, in order to maintain the commitment of the Paraguayan Government to enhance bilateral trade relations. The authorities set its objective to strengthen the Southern Common Market agreements (Mercosur) and boost the…

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NEC Corp. begins construction of the submarine cable of Angola Cables

08/04/2016 source “Angop” The Japanese company NEC Corp. will start the construction of the “Cable System of the South Atlantic” (SACS) the first submarine cable fibre optic connecting Africa to South America, which should become operational in mid-2018. The system will link Luanda, the Angolan capital, to the city of Fortaleza in Brazil, which are…

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Brazil, Chile and Uruguay are the countries that invested more in renewable energy in South America in 2015

07/04/2016 source “America Economia” There are three countries in South America that invested over 1,000 million Dollars in renewable energy: Brazil, Chile and Uruguay. The information is revealed in a report of the Collaborating Centre to the Financing for Climate and Sustainable Energy of UNEP (United Nations Environment Programme), the Frankfurt School and “Bloomberg New…

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Spanish company Iberdrola will build power plant in Mexico

07/04/2016 source “Financiero” The Spanish company Iberdrola announced this week an investment of about 400 million Dollars in the construction and operation of an electricity generation plant in the Mexican state of Sinaloa. The business group said in a statement that the project, located in the municipality of Ahome, will start its production in 2019…

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China State Grid evaluates assets of the Spanish group Abengoa in Brazil

06/04/2016 source “Reuters” Managers of the company China State Grid visited the power transmission projects of Spanish group Abengoa in Brazil to evaluate a possible acquisition of those assets. The Chinese group confirmed the interest in Brazilian assets of Abengoa, but said that until the date was “not presented any formal proposal”. The Spanish group,…

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Oil markets begin to stabilize again in 2016 – 2017

05/04/2016 source “America Economia” The Director General of Abu Dhabi National Oil Company, Sultan Ahmed al-Jaber, said in an interview published by the local press last Monday that the oil prices are expected to start a slowly increase and the markets will return, in principle, to stabilize the supply and the demand during 2016 and…

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