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• BRAZIL HEAVY INVESTMENTS Various foreign companies plan to invest

20th August 1987, Page 22
20th August 1987
Page 22
Page 22, 20th August 1987 — • BRAZIL HEAVY INVESTMENTS Various foreign companies plan to invest
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heavily in the Brazilian HGV market. Investments of £37 million involving the creation of 1,200 direct jobs and 10,000 indirect jobs will mean that production of Pegasos will be able to start in January 1989.

Initial production rates will be around 200 trucks per month at a factory in the Rio Grande do Sul region. Transporte Moderno.

SCANIA L-92S

Scania hopes to build L-92 trucks in Brazil to meet the local needs, but the engines will be imported.

This is assuming a greater flexibility in the Brazilian government's attitude towards international trade.

Transporte Moderno.

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Organisations: Brazilian government

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