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Brazils foreign investment increase

Brazils foreign investment increase

Write: Bayley [2011-05-20]

The statistic from Brazil Central Bank show that Brazil s foreign investment in February ,2006 increase to $17.78billion while the total foreign investment during first two months in 2006 is $29.69billion.

The statistic report have not referred to the field Brazil invest and objective country, but the director of Brazil Central Bank Commerce Department Altamir Lopes said that Brazil invest mainly in overseas mine and finance field. The main field Brazil foreign invest in January,2006 is foreign textile, steel and finance agency service, total sum reaching $11.91billion
. He also said that the export enterprise of Brazil is striving to change into multinational company. Investing in the country their client exist is the best investment form to them.

In the meantime, overseas investment in Brazil fall from $15.03billion in January,2006 to $8.59billion in February, the exception is the overseas investment from March1-21 is $8.5billion.

With the circumstance change, Brazil central bank adjust the a series of economy forecast at the beginning of 2006: Brazil s anticipated foreign investment is adjusted to $180billion from $160billion at the beginning of year, the anticipated overseas investment in Brazil capital market increase to $100billion from $40billion at the beginning of year; the anticipated Brazil favorable balance is increased to $390billion from $355billion.