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"Tropical Rotterdam" takes shape as Batista faces trial

6.3b reais Acu port in Brazil's Rio de Janeiro state finally becoming active after delays and cost overruns
Wednesday, December 24, 2014 - 05:50

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Once Brazil's richest man, Eike Batista (centre, with his lawyers in court last month) is busy defending himself against insider- trading and market manipulation charges after his commodities empire collapsed.

Rio de Janeiro

THE last of the 66-metre-long concrete blocks sit ready to be towed out to sea as work on Latin America's most expensive private port draws to a close. For the project's mastermind, a flamboyant opening ceremony couldn't be further from reality.

The 6.3 billion reais

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