Posts Tagged ‘FDI’

Brazil ranked 2nd for venture capital investment behind China

Posted by Pioneer Land Group in Economy.

With a stable and modern financial system that has largely escaped the credit crisis, a growing economy and a legal system that respects real estate rights investors see ample opportunity in Brazil, a sentiment echoed by Coller Capital who rank Brazil as the 2nd most attractive choice behind China but ahead of India. At the end of 2008, local and foreign investors had committed $28bn in venture and private equity capital to Brazilian companies, up from $6bn in 2004. Investors have financed over 500 Brazilian companies to date, and there’s $12bn left in the kitty.

Read full report in Business Week.

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Brazil’s Foreign Direct Investment surges in December 08

Posted by Pioneer Land Group in Economy.

Brazil registered its second-biggest monthly flow of foreign direct investment (FDI) in December, pushing the annual total in 2008 to a record, the central bank said. FDI surged to $8.12 billion last month from a revised $2.18 billion in November, helping Brazil post an annual record for FDI of $45.1 billion, the bank said today in Brasilia.

“Foreign investors have a long-term perspective,” Altamir Lopes, head of central bank’s economic research department, told reporters in Brasilia. “They are looking at the fundamentals of Brazil’s economy and are seeing positive perspectives.”

Brazil’s highest monthly FDI occurred in June 2007, when the country received $10.3 billion in FDI. The total for 2008 was the highest since Brazil began keeping records in 1947, the bank said.

Full report available from Bloomberg.

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