, Singapore

Singapore Changi Airport wants new partner for Rio de Janeiro's investment

That's in case current Brazillian partner exits.

Singapore Changi Airport is seeking a potential new partner for its investment in Rio de Janeiro's Galeão international airport, the head of the company running the concession said on Monday.

Luiz Rocha told reporters, after meeting with Finance Minister Henrique Meirelles, that Changi was seeking a possible new investor in case its existing partner, a division of Brazilian conglomerate Odebrecht SA, leaves the project.

"Changi has a stake in other airports outside of Singapore and has relationships with top shelf investors. The idea is to bring one of them to Galeão," Rocha told reporters in Brasilia after a meeting with Finance Minister Henrique Meirelles.

Read more from Reuters.

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