You are here

"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

BT_20141224_RIO243UU8_1426106.jpg
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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes