BRIEF-Sany Heavy scraps Brazil investment, to invest in "One Belt, One Road" project

March 7 (Reuters) - Sany Heavy Industry Co Ltd

* Says it scraps plan to invest $170 million in Brazil,

instead will invest 1.07 billion yuan ($155.12 million) in "One

Belt, One Road" initiative project which provides services along

Silk Road trade links

Source text in Chinese: http://bit.ly/2lRR3aW

Further company coverage:

($1 = 6.8978 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)