Billionaire Trump is preparing the largest development project in Brazil

The company of American billionaire Donald Trump, together with the investor consortium, is preparing the largest development project in Brazil - $ 2.5 billion.

According to Vedomosti , Trump Organization, together with the Brazilian construction company Even Construtora E Incorporadora, the British investor MRP International and Salamanca Group, plan a development project in Rio de Janeiro-a city that is preparing for the summer Olympiads in 2016. The project includes five 38-storey towers, the area of ​​each of which is about 32000 square meters. meters. This will be the first project under the Trump brand in Brazil.

“Brazil is a very important market for us,” the words of the Words of the Executive President Trump Organization Donald Trump Jr. are given in the message of the companies. Trump Organization, according to him, plans to engage in the construction of hotel real estate in Brazil, writes The Wall Street Journal .

Partners do not disclose the details of the project, it is only reported that the construction will begin in the second half of 2013. Two towers are planned to be built before the start of the 2016 games, the deadlines for the construction of the rest will depend on the situation in the market.

The towers will be located in Rio de Janeiro between the beaches and mountains. The city authorities promise to invest about $ 10 billion in the development of infrastructure, about half will be spent on the reconstruction of the Porto Maravilha area located in the center near the seaport.