Could commercial investment in Brazil rise as majority back continuation of policies?
Date added: 20th September, 2010 at 09:39
(view all articles from September, 2010)
Categories: Economy
Those seeking opportunities for commercial investment in Brazil may be interested in the upcoming elections in the country and one commentator has suggested voters are looking for a continuation of the policies that have seen the country grow in wealth.
Currently Dilma Rousseff, who is backed by the country's president Luiz Inacio Lula da Silva, is leading the race.
A poll conducted by Sensus at the end of last week showed she won 50.5 per cent of votes compared to her next most popular opponent, Jose Serra, at 26.4 per cent.
President Lula - as he is universally known - represents the Workers party and has been in power since 2003.
By the end of 2009, his policies had seen 29 million Brazilians become middle-class, while 20.5 million rose out of poverty, according to Bradley Brooks, writing for the Associated Press
This success has built up support for the ruler and for Ms Rousseff, the commentator noted.
"I'm with Dilma," Darley Oliveria - who runs a bakery in a favela named Paraisopolis - told the journalist.
"She's Lula's candidate and she will continue what he has started," he explained.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of opportunities for commercial investment in Brazil.
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