The city of Parnaíba will have an Export Processing Zone, with capacity for up to 10 domestic and foreign companies. Construction work starts in July this year.
Browsing: Economy
The Brazilian per capita Gross Domestic Product, which indicates the average wealth generated by each person, reached 19,016 reals (US$ 11,448) last year, according to a survey conducted by the IBGE.
The City Hall expects 20% of these visitors, 6,000 people, to be foreigners. The event should lead to a US$ 32 million increase in revenues.
The Gross Domestic Product (GDP), the sum of all goods and services produced in the country, posted growth of 7.5 % in 2010 compared with the previous year. It is the highest rate since 1986.
The Gross Domestic Product of Brazil grew 7.5% in 2010, as against the previous year. This is the greatest expansion of the economy since 1986.
Brazilian output grew 6.3% in January compared with the same month of 2010, but declined by 2.65% compared with December, due to halted production at some rigs.
The figure was recorded from February 1st to 25th. According to the Central Bank, spot market dollar purchases have raised the Brazilian foreign exchange reserves by US$ 7.166 billion.
The Brazilian industry started the year with a 0.2% increase in production over December 2010, according to a survey by the Brazilian Institute of Geography and Statistics.
The main economies of the Middle East and North Africa should have average inflation of 12% in 2011, according to projections disclosed at an investor conference in Jordan.
The mining company has temporarily suspended testing at its unit in Oman, in the Middle East, due to political and social instability in the country.
In February, exports totalled US$ 16.733 billion and imports, US$ 15.534 billion. In the same month of 2010, the trade balance surplus was US$ 389 million.
From March 21 to April 13, the Arab Culture Institute should promote course ‘Arab Countries: current conjecture and perspectives’, in São Paulo, with eight meetings with specialists and professors.
Up to last year, the region had investment of US$ 1 trillion in the foreign market, according to information disclosed at the Sharjah Business Forum.
The company and the government of Bahia are going to sign, on Tuesday (1), a protocol of intention to guide actions for construction of a LNG regassification terminal in the state.
