São Paulo – Brazil was one of the guest countries at the Arabian Hotel Investment Conference, which started last Saturday (1st), in Dubai, in the United Arab Emirates. The director of the Financing and Investment Promotion Department of the Brazilian Ministry of Tourism, Hermano Carvalho, spoke on the diversity of Brazilian regions and investment opportunities because of events such as the World Cup 2014 and the 2016 Olympics, during a panel today (3rd), the last day of the conference.
“There is keen interest from Arab investors in Brazil. They have a true affinity with our country. they know the names of many Brazilian football players and teams,” said Carvalho. “Discussing the diversity of tourism is very important, Brazil offers great opportunities not only in Rio de Janeiro and São Paulo,” he claimed.
According to the director, economic stability is the great differential of the country at present. “Brazil is a new global power, mainly due to the economic panorama. It was the first country to exit and the last to enter the world crisis. Besides, we have lines of credit for supporting tourism, such as the ‘Pró Copa’ [Pro-Cup], a line of the Brazilian Development Bank (BNDES),” he said.
Held since 2005, the conference brought together approximately 600 representatives of the entire Middle Eastern and North African hotel industry. Brazil, by means of the Ministry of Tourism and the Arab Brazilian Chamber of Commerce, is one of the event’s sponsors since 2008.
The Foreign Trade vice president of the Arab Brazilian Chamber, Wladimir Freua, who participated in the conference, stated that investors need to pay more attention to Brazil. “The country has a wide variety of destinations, ranging from the beaches of the Northeast to the Amazon, the Pantanal wetlands, and the South of Brazil,” he said.
Tomorrow, the Brazilian delegation, comprised of Arab Brazilian Chamber representatives and the Ministry of Tourism, will promote the Brazilian Investment Seminar, in Abu Dhabi, the capital of the Emirates. “Brazil is experiencing a very unique moment and is ready to receive investment, because it provides legal safety to international investment,” said Carvalho.
*Translated by Gabriel Pomerancblum
