Rio, 6/18/2003 (Agência Brasil - ABr) - It is possible that some US$20 million could be spent in Brazil this year by Rolls Royce if the firm does in fact decide to require 40% domestic content in its products. The estimate was made by the Rio state secretary of Energy, Naval Industry and Petroleum, Wagner Victer.
The director of Rolls Royce International, Mike Boden, and the president of Rolls Royce Marine of Brazil, Mark Collins, explain that the firm intends to form partnerships with Brazilian firms in the naval construction industry, a sector where they are a world-leader. (AB)