09/25/2008 08h58

Brazil is the 14th world receiver of investments

O Estado de S. Paulo - 09/25/2008

In view of the race for natural resources, Brazil gains space among the main investments destinations and, in less than two decades, the stock of foreign capital had multiplied ten times. Data from the United Nations (ONU) show that the Country closed 2007 with an investment stock of more than US$ 328 billion. In 1990, it was U$ 37 billion. Today, Brazil is the 14th biggest world investment receiver and the fourth among the emerging countries. In 2006, it was the eighth. China continues in the first position among the emerging countries, with more than US$ 80 billion in 2007. It is the sixth in world terms. Business people asked by the UN also indicate that Brazil is the fifth preferred destination of their investments between 2008 and 2010. In a survey made in Japan, the multinational companies indicated that Brazil would be the seventh most attractive country. In general, the investments in the country grew 84% between 2006 and 2007, one of the biggest rates in the world. The interest for Brazil, according to the UN, should be understood in the context for a search for natural resources, mainly in view of the demand in Asia. In mining alone, Brazil saw the investments multiply five times in 2007, reaching US$ 3.3 billion. According to the report of the UN, new records of investments may occur in 2008. But the crisis is already affecting all expectations. In total, the emerging markets received US$ 500 billion in investments in 2007 and were responsible for investing another US$ 253 billion around the world. The mark is considered a record. In terms of Brazilian investments abroad, there was a great fall in 2007, from US$ 28 billion in 2006 to US$ 7 billion in the last year. With this, the Latin-American investments abroad fell 17%. In total, the region exported US$ 56 billion in investments. Abroad, the Brazilian investment stock is US$ 129 billion, three times bigger than in 1990.