Foreign investment to increase in Brazil, points survey
Valor Econômico
The acceleration of the economy and the strong - and growing - domestic market are opening the eyes of companies towards Brazil. And that is not new. According to a survey conducted by the British BDO International with 237 business leaders from ten countries, Brazil arises as the fourth country to receive more investments from foreign companies in the next two years and the second where the internationalization operations carried out in recent years were more successful. The study also points out Brazil is tied with the United States among the four main receivers of investments in the next two years.
China, leading the world economic growth, was the main receiver of investments from companies over the past five years, besides being indicated as the most attractive for the expansion of the businesses until 2012. Altogether, 32% of the businessmen have pointed the Chinese as a priority in their international expansion plans. Brazil and the United States appear with 14%, behind India, with 20%, and ahead Russia, which received 9% of the indications.
"It is a logic that arises after the world crisis", says Jeremy Newman, President of BDO International. "The main stars of the international market are the BRIC countries and the United States, that even with all the problems, are still, way ahead, the world's largest economy and issuer of a strong currency", says Newman, in a reference to the acronym Bric, which groups Brazil, Russia, India and China, according to the creation of the Chief Economist of Goldman Sachs, Jim O'Neill in 2001 to determine the emerging countries that would experience the highest rates of economic growth. "But among the Bric I see a shared leadership between Brazil and China, which are clearly ahead the others", says Newman, to whom "If you look only at the institutional side", Brazil is ahead.
For Marcio Peppe, managing partner of BDO in Brazil, the country is the most attractive of the emerging countries, according to the businessmen, when the criteria taken into account are respect for the institutions, the maturity of the political system and infrastructure. "The point, for a company planning on expanding its operations to other countries, is look comparatively. For Brazilians, the infrastructure problems are serious or even barriers. But when compared to India, Russia and countries of the Middle East, we are far ahead", says the Executive.
In terms of satisfaction with the investments made in recent years, Brazil appears in second place, with 53% of approval, only behind the 56% registered by the Russians. In that aspect, where China appears in third place, with 50%, ahead of Germany, with 48%, India appears one before the last - with only 33%. "The optimism of the businessmen is much greater with Brazil precisely because we did our homework, which most emerging did not, and, because of that, the investments made here had so much success", says Peppe.