Brasília – Last year, 67% of large industrial companies in Brazil made investments. The rate is the lowest since 2010. The data is from the Investments in Industry survey made public this Wednesday (8) by the National Federation of Industry (CNI).
Out of the companies that had investment plans for last year, 40% proceeded as planned, 41% partially completed their plans, 9% postponed investment for 2017, and 10% cancelled or indefinitely suspended their plans.
In 38% of investing businesses, the money went into improvements in production. Economic uncertainty was the most frequent justification for changes in investment plans.
The survey was conducted from November 21 to December 9, 2016 with 584 large-sized businesses, i.e. those with 250 or more employees.
*Translated by Gabriel Pomerancblum
