JAPANESE-BRAZILIAN STEEL MILL

Press, Volume XCIV, Issue 28057, 27 August 1956, Page 11

JAPANESE-BRAZILIAN STEEL MILL

(Rec. 10 p.m.) TOKYO, August 24. Japanese Government officials and members of an official Minas State Government delegation from Brazil have tentatively agreed to set up a joint Japanese-Brazilian steel works in Minas State, it was announced lodav.

Mr Tristao da Cunha, head of the Treasury Department of the State of

Minas Gerais, Brazil, said the project was “more modest” than was at first envisaged, but his Government “definitely” wanted the mill erected, so that it could play its part in the industrialisation of Minas State. Mr Cunha said he and his delegation, which has been holding talks with the Japanese Government and industrial leaders, have been most impressed with the efficiency of the advances made by Japanese industry. Mr Cunha said he had also held a series of private talks with Japanese Government officials about increased Japanese emigration to Minas. It was also announced today that the Japanese Ministry of Transportation was contemplating building a new 10,000-ton vessel and converting a 2000-ton freighter into a passenger vessel to meet the shortage of emigrant ships.

The Ministry said that when completed the two vessels would be used for carrying Japanese emigrants to to South and Central America. The Ministry said it was hoped to have the vessels in service by August. 1957. .