BOTON Signs Investment Memorandum with Brazil’s Minas Gerais State, Ushering in a New Chapter of International Collaboration

    BOTON’s journey toward “globalization” has reached another significant milestone! On November 8, at the 7th China International Import Expo, a momentous signing ceremony took place. BOTON officially signed an investment memorandum with the Government of Minas Gerais, Brazil, outlining a visionary blueprint for the future development of both parties. Attendees at the ceremony included officials from the Government of Minas Gerais, representatives from the Brazilian Association of Industry and Mining, and executives from relevant companies.

As a crucial platform for global trade, the China International Import Expo gathers quality resources and innovative achievements from around the world. By choosing this vibrant, opportunity-rich stage for collaboration, BOTON and Minas Gerais demonstrate a firm commitment to expanding international markets and advancing industrial upgrades. BOTON’s Chairman, Mr. Bao Zhifang, along with Minas Gerais Governor Mr. Romeu Zema, Secretary of Economic Development of Mining Mr. Fernando Passalio, and Investment Promotion Director Mr. João Paulo Braga, signed the memorandum.

Governor Zema expressed enthusiasm about the partnership during an interview, stating, “Today marks the third day of the Minas Gerais delegation’s visit to China, and we are thrilled to sign an investment agreement with BOTON, a renowned international provider of conveyor system solutions. BOTON’s strength and innovation are impressive, especially in bulk material conveying for the mining sector. Through this investment agreement, the state government will provide BOTON with a range of support for its future investments in Brazil. We believe that through joint efforts, the government and BOTON will drive local industrial development, enhancing technological capabilities and economic competitiveness.”

BOTON’s Chairman Mr. Bao Zhifang emphasized that “globalization” remains an unwavering path for BOTON. BOTON’s vision of globalization goes beyond exporting products—it involves promoting a comprehensive range of solutions, including on-site technical services and intelligent monitoring systems for conveyor systems, worldwide. Additionally, BOTON’s globalization includes projects related to ESG, such as recycling used conveyor belts, community care initiatives, and collaboration with indigenous communities. Therefore, BOTON is eager to expand and invest in overseas markets. The investment memorandum signed with the Government of Minas Gerais marks the beginning of BOTON’s comprehensive entry into the Brazilian market.

This year commemorates the historic 50th anniversary of diplomatic relations between China and Brazil. The signing of this investment memorandum between BOTON and Minas Gerais signifies a promising start to their cooperation and serves as an excellent example of China-Brazil collaboration in technology and economic sectors. In the future, BOTON and the government and businesses of Minas Gerais will further strengthen communication and collaboration based on this memorandum, accelerating project implementation and creating a mutually beneficial future. BOTON will continue to shine on the international stage, contributing to the global bulk material conveying industry.