Brasília – The Central Bank of Brazil has maintained its projection of foreign direct investment (FDI) at US$ 25 billion this year, but is expecting a larger inflow of funds into the country’s manufacturing industry in 2010 (US$ 38 billion).
According to figures supplied by the Central Bank, investment in the industry totalled US$ 15.878 billion from January to August, as against US$ 24.614 billion in the same period of 2008. Last year, FDI totalled US$ 45.058 billion.
In August this year, US$ 1.907 billion were invested in the manufacturing industry, a figure higher than projected for the month (US$ 1.5 billion), but lower than the one recorded in the same period of 2008 (US$ 4.638 billion).
So far this month (24th), FDI totals US$ 2.2 billion and should reach US$ 2.5 billion in September.
*Translated by Gabriel Pomerancblum
