Browsing: Business Opportunities

Investors from the Middle East will have their capital invested in enterprises in the country by means of a fund established by real estate developer Tishman Speyer. The company is based in the United States and has raised 1.2 billion reals (US$ 666 million) to invest in Brazil.

One of the markets in which the National Confederation of Industries (CNI) plans to develop trade promotion activities in 2008 is the Gulf. The institution plans to organise events in eight countries, one in the Gulf, said the executive foreign trade manager at the CNI, José Frederico Álvares, in an interview to ANBA.

Cristais São Marcos, from the city of Poços de Calda, exports decoration objects to the Emirates, Egypt and Bahrain, among others. The products shipped to the region have different, high-end design. The company is now working on entering new markets.

Representatives of the Arab Brazilian Chamber and of the Brazilian Ministry of Tourism are now in the Emirates to present Brazil as an attractive destination for investment in hospitality. They have already visited large companies in the field, and on Thursday should leave to Qatar.

The president of company Double M Engineering, Rafieg Faig Obied, who was in São Paulo last week, is seeking partners for the reconstruction of Juba University, in southern Sudan. The university should have a capacity for one thousand students and over 15,000 square metres in area.

A group comprised of 11 Brazilian companies is going to participate in the Expo Riva Middle East, a trade fair for the shoe sector to be held in Sharjah, in the United Arab Emirates. This is going to be the first time that Brazilian shoe companies participate in a fair in the Arab country by means of the Brazilian Footwear programme for encouraging exports.

Hamam International, which is responsible for the development and implementation of hotel infrastructure, already has projects in Qatar, the United Arab Emirates, Tunisia, Algeria and Saudi Arabia. According to the development director at the company, Gustavo Hamam, the opening of the new office also brings opportunities to Brazilian suppliers.

The volume of deals closed during the Big 5 Show was US$ 28 million, with another US$ 24 million expected for the next 12 months, according to the Brazilian Export and Investment Promotion Agency, which organised the Brazilian participation in the exhibition along with the Arab Brazilian Chamber. Both the fair and the construction sector trade mission to the Gulf ended yesterday.

The company, which owns industries in the southern Brazilian state of Santa Catarina, was one of the organisations that closed deals at the fair, as was the case with SBC Pierres, of granite, and Mosarte and Pamesa, both tile manufacturers. Other companies have deals in progress, as is the case with WK, which sells wood, and Braseco, a exporter of glass, both of which hope to export in the near future.