North East Brazilian Investment Guaranteed | Obelisk International
The Brazilian President has confirmed the government’s commitment to investment in north east Brazil. The investment total will run to R$120.4 billion.
President Dilma Rousseff visited north east Brazil this week to introduce a new bill for the region. For Dilma, the bill defines “the new north east” and guarantees Brazilian investments in this part of the country.
Through the R$120.4 billion investment sum, the government will maintain conditions for the economy in north east Brazil to grow at higher rates than the rest of the country.
One of the poorer regions of Brazil, the north east has recently seen high economic growth fuelled by sectors such as construction and real estate. Last year’s increase in civil construction in Brazil’s north east was one of the highest in the country and the area has been earmarked by top Brazilian real estate companies for expansion.
Brazilian Government Investment Priorities
For Dilma, several conditions are necessary for north east Brazil to make further economic progress. Public investment in infrastructure is a top priority, particularly for the 2014 World Cup. Job creation is another concern along with better income distribution.
Although the Brazilian government has just approved a R$50 billion budget cut, Dilma has pledged that she will maintain investment in north east Brazil. Investment in flagship social programmes such as Minha Casa Minha Vida (Brazil’s social housing scheme and one of the world’s largest real estate investments) and infrastructure improvements will remain in place.
Favourable Environment for Investment
North east Brazil, one of the current hot spots for investment, plans to nurture its favourable environment for investors, both foreign and Brazilian. Although investment levels in the region are good, Dilma defended the need for these to increase and called for a rise in private investment.
“Our objective is to create a comfortable environment for current or new investments and to reinforce our commitment to long-term investments,” she said.
Obelisk International welcomes this firm government commitment to investment in north east Brazil. Obelisk has been present in the area for several years and is firmly convinced of the region’s potential. We believe that the government pledge to maintain investment sums is excellent news for both our current and future investors.
Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.
Follow us on Twitter (Obelisk International) and LinkedIn (Obelisk International).
President Dilma Rousseff visited north east Brazil this week to introduce a new bill for the region. For Dilma, the bill defines “the new north east” and guarantees Brazilian investments in this part of the country.
Through the R$120.4 billion investment sum, the government will maintain conditions for the economy in north east Brazil to grow at higher rates than the rest of the country.
One of the poorer regions of Brazil, the north east has recently seen high economic growth fuelled by sectors such as construction and real estate. Last year’s increase in civil construction in Brazil’s north east was one of the highest in the country and the area has been earmarked by top Brazilian real estate companies for expansion.
Brazilian Government Investment Priorities
For Dilma, several conditions are necessary for north east Brazil to make further economic progress. Public investment in infrastructure is a top priority, particularly for the 2014 World Cup. Job creation is another concern along with better income distribution.
Although the Brazilian government has just approved a R$50 billion budget cut, Dilma has pledged that she will maintain investment in north east Brazil. Investment in flagship social programmes such as Minha Casa Minha Vida (Brazil’s social housing scheme and one of the world’s largest real estate investments) and infrastructure improvements will remain in place.
Favourable Environment for Investment
North east Brazil, one of the current hot spots for investment, plans to nurture its favourable environment for investors, both foreign and Brazilian. Although investment levels in the region are good, Dilma defended the need for these to increase and called for a rise in private investment.
“Our objective is to create a comfortable environment for current or new investments and to reinforce our commitment to long-term investments,” she said.
Obelisk International welcomes this firm government commitment to investment in north east Brazil. Obelisk has been present in the area for several years and is firmly convinced of the region’s potential. We believe that the government pledge to maintain investment sums is excellent news for both our current and future investors.
Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com.
Follow us on Twitter (Obelisk International) and LinkedIn (Obelisk International).
Labels: Brazil, Brazil property investment, Brazilian investments, Brazilian real estate, invest in Brazil, investment in Brazil, investments, MCMV, Minha Casa Minha Vida
posted by Alison Kane at 5:55 pm
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