Brasília – Brazilian industrial companies expect to invest less in 2012 than they did this year. The information was culled from the 2011 Industry Investment survey, announced this Friday (2) by the National Confederation of Industries (CNI).
The survey was conducted among 592 companies. Of these, 88.7% have made investments in 2011, a rate similar to the preceding year’s (89.6%). In 2012, the rate of enterprises with intentions of investing is 86.6%.
Out of all the companies that made investments this year, 57.8% were successful in their projects. In 40.3% of all cases, the investment was only partially completed, and in 1.9% of cases, investment plans were cancelled or postponed.
According to the CNI, “uncertainty regarding the economy has gone back to being the main obstacle to Brazilian industrial companies’ investment plans in 2011.” Uncertainty was pointed out by 58.9% of those surveyed, as against 36.2% in 2010.
Although they believe that own funds will be the main source of capital in 2012, the enterprises intend to raise the share obtained from official development banks. The share of own funds in total investment is expected to drop to 52.9%, and the share of banks’ funds is expected to rise to 29.3%.
*Translated by Gabriel Pomerancblum
