São Paulo – The Brazilian Association of Shopping Centres (Abrasce) announced yesterday (21) that it is going to take Brazilian shopping centre know how abroad. According to the organisation, its president, Marcelo Carvalho, is going to represent Brazil in a course about the theme in Botswana, Africa.
According to Abrasce, the course should take place tomorrow and the day after at the first Shopping Centre University on the African continent, organized by the International Council of Shopping Centres (ISCS).
Carvalho, according to the organisation, should be responsible for the course, turned to around 150 executives from Angola, Botswana, Nigeria and South Africa. "The work developed by Brazilian entrepreneurs is gaining greater and greater recognition due to the success of the industry and to its more and more global characteristics. Activities like this one we are promoting on the African continent show this fact," he said, in an Abrasce press statement.
The association has been in operation for over 30 years brings together the main businessmen in the shopping centre sector, including entrepreneurs, administrators, service providers and retailers. Its objective is to strengthen the industry in the country.
The organization, according to the press statement, has been expanding its cooperation with international institutions, like the ICSC. Between September 08th and 10th, Abrasce is going to promote, in São Paulo, the 10th International Shopping Centre Congress and Conference of the Americas.
According to the Brazilian Association of Retailers (Alshop), a total of 22 shopping centres were inaugurated in Brazil in 2007. The total rose from 622 units to 644. Sector nominal revenues rose from US$ 60.3 billion in 2006, to US$ 68.4 billion last year. At the end of the year, the shopping centres of Brazil employed 868,000 people.
In the area of foreign investment, according to the Abrasce, over the last three years, the capital entering the country to be invested in the sector reached 7.5 billion reals (US$ 4.7 billion).
Further information
Abrasce
Tel: (+55 11) 5502-3277
E-mail: abrasce@abrasce.com.br
*Translated by Mark Ament
