From the Newsroom
São Paulo – The Brazilian industries that most invested in 2002 were connected to export. This study by the Brazilian Institute for Geography and Statistics (IBGE) shows that the 20 companies responsible for 40% of the investment in industrial production that year were exporters. They invested an estimated US$ 6.6 billion (all figures calculated using the exchange rate of July 29, 2004) in the purchase of machinery and equipment, means of transport, land, and buildings.
Brazilian small industries increased their investment by 80% between the years of 1996 and 2002, but they still answered to a small share of the investment. Their investment rose from US$ 660 million in 1996 to an estimated US$ 1.2 billion in 2002.
The same study shows that the figure for small companies that made investments in the period has risen from 26,300 to 30,000. They were 83% of the 36,000 companies identified as investors by the IBGE in 2002. In 1996, they were 79.6% of the total. This information was provided by a spokesperson for the IBGE.
