São Paulo – The United Nations Economic Commission for Latin America and the Caribbean (Eclac) has informed this Thursday (10th) that Brazil was the region’s country that received the most foreign direct investment (FDI) year-to-date through August. According to the Eclac, the country attracted over US$ 39 billion. The sum, however, is down 10% from the same period in 2012.
The Eclac informs that the decline took place mostly in the steel, food and beverage, and financial services industries, in which “major business acquisitions took place last year.”
In the first half of 2013, according to the organization, Latin America and Caribbean countries were targeted by nearly US$ 103 billion in investment, up 6% from the same period in 2012;
*Translated by Gabriel Pomerancblum
