São Paulo –Kuwaiti investors are interested in the Brazilian infrastructure sector. The matter was discussed yesterday (28th) during visits of a Brazilian delegation to three important investment organizations in the Arab country: Kuwait Investment Authority, National Industries Group, and Kuwait Finance House.
The delegation comprises representatives of the Arab Brazilian Chamber of Commerce , of the Brazilian Ministry of Tourism, the Brazilian Central Bank, plus the Brazilian ambassador to Kuwait, Roberto Abdallah.
“Kuwait is a strong oil producer, so they seek other markets to diversify their investment portfolio,” explained Wladimir Freua, Foreign Trade vice president of the Chamber, who is with the group.
According to Freua, Brazil may attract investment into general infrastructure, such as ports, airports, roads and waterways. Next up, the Arabs are also targeting the civil construction, agribusiness and steel industries.
According to the vice president, the Kuwaitis showed that they already possess good knowledge of the Brazilian economy. “The doors are open for a future contact. Brazil is on their aim, and is regarded as a potential market for investment,” he declared.
*Translated by Gabriel Pomerancblum
