Foreign investment in Brazil "rising dramatically"
Date added: 7th June, 2011 at 10:14
(view all articles from June, 2011)
Categories: Economy
Investment in Brazil by its government and from sources outside of the country is on the increase.
This is according to partner and study co-leader at management consultancy firm AT Kearney Michael Moriarty, whose comments came after research by his organisation demonstrated the success of Latin America's retail sector.
"In addition to the substantial investment in infrastructure the Brazilian government is planning, inflows of foreign capital are rising dramatically as well," he stated.
AT Kearney's tenth Global Retail Development Index released yesterday (June 6th) ranked Brazil as the top country in the world for growth in the sector this year.
Mr Moriarty explained that the expansion of gross domestic product in the nation is projected at five per cent over the next half a decade.
Another sector that investors appear to have confidence in is the Brazilian property industry, as Bloomberg recently reported that a note from analyst Carlos Sequeira has revealed Banco BTG Pactual expects homebuilders to perform well on the country's stock exchange in June.
Property Bond International Ltd was established in 2003 to help overseas buyers purchase Brazilian Property Investments. A free personal search service is also offered whereby clients specify exact requirements and properties are searched for. Property Bond also offer a consultancy service for clients or businesses wishing to enter into Brazil to make contact with product suppliers or purchase other investments, rent offices. - see www.brazilianassets.com
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