Brazilian companies participated in a cosmetics sector fair in Dubai and should export US$ 4.5 million in the near future. Two of them should use the Arab Brazilian Chamber and Apex Business Centre.
Author: Alexandre Rocha
Shipments from Brazil to the region generated US$ 3.3 billion from January to May this year. There was growth in sugar, aircraft, maize, soy, electric material, tobacco, paper and animals.
The country is advancing in development in the sector. On Wednesday, an ethanol factory, built with 15 million euros in equipment by the Brazilian Dedini, was inaugurated.
The market in the region presented the greatest growth among Brazilian agribusiness products in May. Sales generated US$ 457 million, expansion of 28.8% over the same month in 2008.
The country is one of five leading markets in retail chain establishment worldwide, according to Mohamed Rizk, of the Egyptian investment promotion agency. Egyptians want to expand the food industry.
The target is part of the country’s development plan. Up to last year, the total invested in industrial projects had reached US$ 21 billion. Exports of manufactured goods should reach US$ 13 bn.
The enterprises should be developed in the form of public-private partnerships and should be open to local and international companies. Among the works are highways, ports and water transportation.
Companies in the building, dentistry equipment, pipe and connection, wood, dairy and auto parts sectors are going to exhibit at the Arab Brazilian Chamber and the Brazilian embassy stand.
A delegation from Egypt should be in Brazil next week with the objective of identifying business and investment opportunities. Meetings should take place with companies and sector organisations.
In meetings with the Saudi king and the GCC secretary general, Lula made a proposal for cooperation in oil as a means for minimizing the impasse on petrochemicals, which hampers the process.
The president of the Saudi Arabian Investment Authority, Amr Al Dabbagh, will travel late this month to talk to businessmen about projects in his country and look into opportunities in Brazil.
The Brazilian president prompted king Abdullah Al Saud to seek reciprocal investment opportunities. According to him, the countries must be ‘brave enough to dare’ and come out of the crisis stronger.
The country plans to invest the funds, both public and private, in the diversification of its economy by 2020. The plan involves the strengthening of three sectors and the construction of four cities.
Adalberto Netto works for the government of Saudi Arabia in the implementation of an industrial cluster program using knowledge acquired while working for Petrobras and at the Sebrae.
