Browsing: Business Opportunities

Businessmen from Syria, the United Arab Emirates and Brazil presented project Braziland yesterday, at the offices of the Arab Brazilian Chamber. The plan is to build a miniature Brazil on one of the artificial islands of Dubai. The idea is to attract investment from Brazilian companies to the enterprise.

The information was supplied by the president at the Federation of Industries of the State of Minas Gerais, Robson Braga de Andrade, who heads, alongside the state vice-governor, Antonio Anastásia, a mission from the southeastern Brazilian state to the Arab world. The idea is for the office to help Minas Gerais do more business in the region. The delegation from the state to the Emirates is going to Egypt too.

Full Gauge is a factory of instruments for cooling and solar warming systems. The company from the southernmost Brazilian state of Rio Grande do Sul exported to the United Arab Emirates for the first time in March and hopes to expand sales to the Arabs by 25% this year. In the region, the organisation already sells to Saudi Arabia, Algeria, Egypt, Jordan, Iraq and Lebanon.

Bovespa, BM&F and other organisations in the sector will promote a workshop in Dubai, on the 21st, with the objective of attracting investors from the region. The effort, dubbed BEST, aims to promote the Brazilian market around the world.

The executive director at Abiec, Marcio Caparroz, is in the country to consolidate and improve ties with local buyers. The executive director at Abimo, Hely Maestrello, is going to prospect the market. They are also going to visit Tripoli International Fair, which begins on Wednesday.

The Arab Brazilian Chamber stand at Cairo International Fair, which ended on Friday, was sought by people like Zaki El Sewedy, owner of the El Sewedy Group, one of the largest companies in Egypt, which is investing US$ 5 million in a factory in Brazil.

During the Brazil-Sudan Forum, which took place in Khartoum, representatives of the government, sector organisations and of the government of Brazil spoke about the field of agriculture in the country and about the business opportunities. They also met with the ministers of Foreign Relations and Investment.

The Brazilian stand at Cairo International Fair had generated around one hundred contacts up to yesterday. The products made in the country called attention as they present better quality than the Asian products, due to the increase in the prices of Chinese products and also due to the lower offer of European and North American products.

Representatives of the governments and of the private sector in both countries should meet to discuss business opportunities and partnerships in the agribusiness field. According to the ambassador of Sudan, Rahamtalla Osman, his country has great agricultural potential, but needs know-how, technology and machinery.

Brazil is the ninth country with the largest number of people who open businesses in the world. There are around 15 million initial entrepreneurs, who are implementing their business or who have been running it for 42 months at the most. They correspond to 12.72% of the adult population of 118 million Brazilians aged from 18 to 64.

The event, which is multi-sector, is going to count on institutional participation of the Arab Brazilian Chamber. Egypt is one of the main trade partners of Brazil in the Arab world. Last year, the country was the second main importer of Brazilian products, with US$ 1.24 billion.