Rio de Janeiro \u2013 Investment in the national industry will reach 597 billion reals (US$ 320 billion) from 2012 to 2015. The forecast was culled from a study issued this Thursday (19th) by the Brazilian Development Bank (BNDES). The figure represents a 29.5% increase over the investment projection in the previous study, 461 billion reals (US$ 247 billion), which covered the 2007-2010 period.<\/p>\n
The highlight of forecasted investment in industry is the oil and gas sector, comprising extraction and refining, which should amount to 354 billion reals (US$ 190 billion). The industry accounts for 59% of total national industry investment during the period covered. In the preceding study, the share was 52% and the investment volume was 238 billion reals (US$ 127 billion).<\/p>\n
The BNDES president, Luciano Coutinho, claimed that despite the expected recovery of industry investment plans, \u201cinfrastructure investment will remain steady.\u201d <\/p>\n
The bank\u2019s Infrastructure and Basic Inputs superintendent, Nelson Siffert, stated that infrastructure investment in energy and logistics will reach 31 billion reals (US$ 16.6 billion) in 2013. The figure is 26% higher than the projection for 2012, which is 24.5 billion reals (US$ 13.1 billion).<\/p>\n
*Translated by Gabriel Pomerancblum<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
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