Rio de Janeiro – Four out of ten Brazilian industrial companies should invest in fixed capital this year, with the objective of boosting production capacity. The assertion was culled from the Industry Investment Survey, conducted in April and May this year and disclosed today (5th) by the Getulio Vargas Foundation (FGV).
The rate recorded by the FGV (40%) is the second highest ever recorded by the survey, which has been conducted since 1998, and is only lower than the 50% recorded in April and May 2008. According to the FGV, increased investment in production capacity is linked to good industrial sector growth perspectives.
Also according to the survey, 28% of industries will invest with the goal of increasing production efficiency, whereas 18% are aiming to replace machinery and equipment. This year, companies that claimed not to have any investment programme totalled 14%, the lowest rate ever recorded in the survey.
The Industry Investment Survey also questioned the reason for investment in 2009. Out of the companies surveyed, 32% answered that they invested in order to increase efficiency; 29% invested to increase production capacity, and 21% invested to replace and update machinery and equipment. One out of five companies informed that it did not invest in 2009.
*Translated by Gabriel Pomerancblum
