REUTERS/
President Juan Manuel Santos reports that China and Brazil are considering investments in coal infrastructure there to insure better access to resources.
"The Brasilians have told me they want to make not only a railway but also a port in Carare because they're very interested in our metallurgical coal ... the Chinese are also interested in our metallurgical coal," Santos said in a statement.
A Carare railway project would link central producers of metallurgical coal with coastal ports.
Colombia is currently the world's No. 5 coal exporter.
There has been a five-fold increase in foreign investment in the nation, especially in oil and mining, since 2002.
Popular Posts
- CANADA / MEXICO / CHILE : Former BC Woman Cop Murdered In Playa Del Carmen; Barrick Gold Fined $16 Million For Pascua-Lama, May Suspend Mine.
- POLAND: Jaroslaw's Opposition Party Expells 3 Top Members.
- BRASIL: Truck Driver Escapes Watery Death.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- CHINA / VIDEO : Dissident Artist Ai Weiwei Releases Critical Funky Rock Video.
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- EL SALVADOR : Supreme Court Ruling Threatens 60,000 Gang War Truce.
- COSTA RICA / PERU / COLOMBIA : 17 May UPDATE : 2 More Aides Resign After Prez. Chinchilla Comes Under Fire For Free Flights On Alleged Narco Jet; Key Minister Resigns Over Flight From Bogus Person.
- ITALY : Ruby Heartstealer Testifies About Bunga Bunga Parties at Milano Trial.
- BRASIL / EUROZONE: Europeans Setting Up Homes In Rio's Former Slums.