61.8% of industry wants to invest more
O Estado de S. Paulo
One of the variables affected by the international financial crisis the most, the investments will grow significantly in 2010 in the Brazilian industry. That is what indicates the survey released yesterday by the National Confederation of Industry (CNI), which indicates that 61.8% of the businesses wants to increase their investments next year. The survey also shows that 74.1% of companies will invest aiming at the internal market.
The average value of the investments in the processing industry, according to the survey, should grow 23%, going from R$ 3.526 million (US$ 2.050 million) in 2009 to R$ 4.353 million (US$ 2.531 million) next year. This investment should aim, primarily, at the increase in the installed capacity in 2010 (for 27.9% of those polled) and also at the keeping of the productive capacity (for 21.4%).
The strategy of investing with a view to the internal market, according to the CNI, is a result, on one hand, of the resumption of the pace of growth of the Brazilian economy activity and, on the other hand, of the increase of the price of the Real in relation to the Dollar and of the fall of the world demand that discourage the exports. That explains why only 5.2% of the companies interviewed said that their primary investments are intended to cater to the external market.
The CNI survey also shows that 16.4% of the companies wants to keep the level of investments unchanged in 2010; 17.7% should reduce them and 4.1% should greatly reduce them. For 2009, the data indicates only 46.6% of the companies have made the investments as planned. Another 49.8% have made partial investments mainly in view of the economic uncertainties and of the need of a revaluation of the demand due to the economic crisis; and 3.9% postponed the investments for next year or for an indefinite period.