Chinese consortium inks deal to build LatAm’s longest cable-stayed sea bridge in Brazil

A Chinese consortium on Thursday signed an agreement with Brazil’s northeast state of Bahia to build Latin America’s longest cable-stayed sea bridge, linking the city of Salvador and the island of Itaparica. The consortium is formed by the China Communications Construction Company (CCCC), CCCC South America Regional Company and China Railway 20 Bureau Group Corporation. […]

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Real estate sales up 12%. Bank lending historically low rates 2020

The balance of the first half of 2020 in the Bahian real estate market arrived with good news. SELIC bank lending rates now at a record low rate of just 2% After four consecutive years of decline, real estate credit contracted again in Bahia (7.23% in relation to the first half of 2017), according to […]

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