Brazil - Brazzil Mag - South of Brazil's Industry Invests US$ 2 Billion in Equipment
Advertisement
  Home arrow Back Issues arrow 2004 arrow May 2006 arrow South of Brazil's Industry Invests US$ 2 Billion in Equipment Sunday, 29 November 2009 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 163 guests online
Latest News
Statistics
Members: 494
News: 11484
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Most Read
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 
The Latest from Brazzil Magazine
Home
South of Brazil's Industry Invests US$ 2 Billion in Equipment PDF Print E-mail
Written by Newsroom   
Wednesday, 17 May 2006

Industries from the southern Brazilian state of Santa Catarina intend to invest US$ 2 billion up to the end of 2007. The money will be used for investment in technology, for the purchase of machinery and equipment.

These figures are part of a research by the Federation of Industries of the State of Santa Catarina (Fiesc) with the support of the Regional Development Bank for the Extreme South (BRDE).

Of the total to be invested, US$ 1.2 billion will be turned to industries installed in the state itself, US$ 700 million will be turned to units in other states in Brazil, and US$ 84 million will go to plants abroad.

The food sector is the one where most investment is forecasted, and it should receive US$ 840 million, which corresponds to 42% of the total. Electric material and communications industries, ironworks and mechanical product industries are also among the main investors.

Companies from Santa Catarina export to the Arab countries. The state sales to the countries in the region totaled US$ 60.66 million in the first four months of the year. The main products shipped were meats, ceramics, wood and soy oil. However, the Arabs are not part of the list of main countries to receive investment from Santa Catarina. They are China, Italy, Slovakia and Argentina.

Regarding the domestic market, the states to receive the greatest investment from Santa Catarina are Minas Gerais (SE), Goiás (midwest), São Paulo (SE), Paraíba (NE), Mato Grosso (Midwest), Paraná (S), Rio Grande do Sul (S), Bahia, Ceará e Sergipe (all three in the Northeast).

The study shows that 63% of the investment will be made with the funds of the companies themselves, 15.7% will be by investment banks, 13.4% will be financing by domestic banks and the rest will come from other sources.

Industries from Santa Catarina say that they are going to invest outside the state due to the existence of industrial units they own in other states, tax breaks, logistics, infrastructure, availability of qualified labor, identification of new customers and greater proximity to the consumer and supplier market.

Investment abroad, in turn, is to maintain company position on the foreign market. The study was organized by 147 companies in the state.

Anba - www.anba.com.br

Hits: 6156
Comments (2)Add Comment
Is $ 2 billion a lot.....
written by Guest, May 17, 2006


of investment in 18 months from the wealthiest region of Brazil having a population of tens and tens of millions ?????

Very....very...smalll...in my view. Simply a large company will invest more than that !
report abuse
vote down
vote up
Votes: +0
It is a lot when..
written by Guest, May 18, 2006
you actually find out that there are only 5.8 million people living in Santa Catarina and not "tens and tens" of millions...
If you want to slur a country and its people at least get your facts right.
report abuse
vote down
vote up
Votes: +0

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >
Brazzil Magazine on Twitter


Visit Brazzil Social with Video, Music and Chat


Home
Brazzil Magazine - Since 1989 trying to understand Brazil
  • Poor Women from Northeast Brazil Learn Joy of Meeting and Helping Each Other


    Joined hands The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area.

  • Ahmadinejad's Visit: Iran, Honduras and Brazil's Hypocrisy in Dealing With Them


    Ahmadinejad and Lula The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy.

  • Lula Is About to Fulfill His Wish of Getting His Good Friend Chavez in Mercosur


    Lula and Chavez On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil.

  • Denying Education is the Other AIDS. And Brazil Is Guilty of Inflicting It


    Children from a Diadema band Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms.

  • Child Labor Went Down in Brazil, But 5 Million Underage Workers Are Still Way Too Many


    Child labor in Brazil One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis.

  • Some Humility Would Do Lula Good. On Human Rights Brazil Has Long Way to Go


    A prison in Rio de Janeiro, Brazil On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking.

  • Brazil's Amazon Rainforest Policy Is a One-Way Road to Disaster


    Trasamazonian road in BrazilDepletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse.

  • Geisy, Brazil's Miniskirt Student, Should Try US College Next Year


    Geisy Arruda from BrazilGeisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose.

  • Vigilante Groups in Brazil Trump Drug Gangs and Become Rio's New Authority


    Brazilian favela in Rio The push of vigilante groups in Rio de Janeiro's favelas (shantytowns) in the last three years is the most important and alarming information of the just-released study by the Rio de Janeiro University's Violence Research Center (Nupev-Uerj).

  • Brazil Police Use Press Coverage as Green Light to Kill and Invade Houses in Rio


    Rio police in a favela A dispute over drug trafficking territory in Rio de Janeiro has intensified lately, leaving in its wake unprecedented acts of violence, such as the downing of a police helicopter in the northern zone of the city on October 17.  Three policemen died and another two were injured.  This event has drawn the attention of the international media, who are raising the issue of public security for the 2016 Olympics to be held in Rio.