According to BNDES president Luciano Coutinho, the institution should seek foreign capital for ‘high quality’ projects in infrastructure, ethanol, oil and gas, agribusiness and environment.
Author: Alexandre Rocha
According to BNDES president, Luciano Coutinho, expansion should take place up to 2010. He said that there are no projects being cancelled in the country and that there is repressed demand to supply.
Four companies from the Arab country should be in Espírito Santo next week to exhibit at the 27th Vitória Stone Fair. The event should be a thermometer of the impact of the crisis on the sector.
Construction company Norberto Odebrecht is ahead of two large projects in Libya: the two new passenger terminals at Tripoli International Airport and the third ring road around the country capital. The aerial terminals, when ready, should have potential to receive 64 aircraft simultaneously and around 20 million passengers a year. Today the capacity is for
Businessmen who participated in business mission organized by the Ministry of Development returned to Brazil with their luggage full of orders, new contacts and much work ahead.
The agreement was signed on Friday (30), in Casablanca, by ministers Miguel Jorge, from Brazil, and Abdellatif Maazouz, from Morocco. The Arab nation is the last phase of the mission to North Africa.
Cofat, of Elloumi group, a producer of electric cables for vehicles, should install a factory in the capital of Paraná. The company plans to start producing in 2009 with investment of 1 million euros.
If it gets the contract, the company will take on a project estimated between US$ 2 billion and US$ 2.5 billion. The information was disclosed this Thursday (29) by minister Miguel Jorge.
The statement is by Development minister Miguel Jorge. Pressure by importers and the influence of the ‘power of the media’ helped cancel the need for a prior license for imports, according to Jorge.
Forty Brazilian professionals are in Algiers, hired by auto manufacturing company Renault, to repair some 4,000 brand new vehicles damaged by hail.
The figure is much higher than 2008’s, when company sales to the Arab country totalled US$ 25 million. In products, the company forecasts exports of approximately 1,500 semi-trailers and 10 trucks.
The Arab country seeks access to Brazilian technology in these segments so as to diversify its economy, which is highly oil-dependent. Production of grain and milk are two areas of interest.
Government started requiring previous licensing for purchase of nearly all products imported by Brazil. Minister claims technical need for reviewing statistics.
In less than two days in the country, businessmen on a trade mission to North Africa have identified several opportunities. Authorities want greater presence of Brazilian companies.
