Industry plans on increasing capacity in 11%
Valor Econômico - 03/20/2008
In 2008, the industries must register more significant increases of the installed capacity due to investments made in previous years leveraged by the perspective of growth of the domestic demand. According to a survey made by Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV) with 381 industries of the processing sector, the installed capacity may increase by 11% this year, 4 points per cent above 2007's. The index is the highest one of the series started in 2004. The expansion will be more significant in the sectors of food (13%) and capital goods (12%). In the three-year period from 2008 to 2010, the expected investments in the expansion will be stronger in the sectors of food products (17%), metal works (13%) and non-metallic minerals (12%). According to the consultant of the Institute for Studies in Industrial Development (Iedi) Júlio Gomes de Almeida, the 11% expansion may ease the pressure over the sectors that operate with the installed capacity above 85%. According to the data from the survey, the average use of the installed capacity in the processing sector may stay at 84.8% this year, compared to the average of 83% in 2007. The research also points to an increase of the investments in Gross Fixed Capital Formation, going from 16.5%, the last year's Gross Domestic Product (GDP), to 17.6% this year's. For the three-year period from 2008 to 2010, the expectation of the industries is of a 22% expansion. According to the research, 87% of the companies pointed the domestic demand as the main leveraging factor of the investments on the increase of the capacity and 88% informed they expect to profit from the allocation of funds. According to the survey, 31% of the businessmen consider possible not to handle all the expected orders due to some possible exhaustion of the productive capacity. In 2005, the index was of 29%.