quinta-feira, 2 de abril de 2009

More Compelling Reasons to Invest in Digital Economy in Brazil

Brazil offers countless opportunities for prospective foreign investors, in light of its enormous economic potential, its diversified economy, and its huge domestic market, now considerably expanded by joining MERCOSUL. The current governmental policies, targeting modernization of the economy to bring Brazil stability, together with the progressive opening of its economy, the noteworthy reduction of inflation, privatization, and economic growth have attracted ever-increasing offshore investments.

Besides, Brazil is the biggest exporter of Coffee, Orange Juice, Sugar, Soya, Meat, Chicken, Tobacco and Iron Ore. Still, Brazil is the 3rd world airplane exporter, the 9th iron producer and the 5th cell phone market in the world.

As showed in this report, Brazil has an increasing GDP (US$ 1.25 trillion or R$ 2.9 trillion), positioning it as the 10th economy in the world. Because of its strong performance in the world economic crisis, Brazil could be upgraded to the 8th economy in the world by the end of 2009.

So, why to invest in Brazil? Because Brazil is an outstanding information technology workforce supplier and a proven profitable destine for foreign investments.

Besides, according to UNCTAD’s World Investment Report 2008 (WIR08), the Foreign Direct Investment (FDI) flow to Brazil totalized US$ 34,6 billion in 2007, which put Brazil in a better position than Mexico recipients of Foreign Investment Inflows Rank (among the top 20 preferred locations in the world and the main location in Latin America and the Caribbean region). This amount of investment also placed Brazil as the 5th the most attractive locations in the world for FDI in the next three years rank (2007-2009 and 2008-2010 surveys).

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