03/15/2010 15h03

Industry to invest US$ 277.8 billion in 4 years, says the BNDES

O Estado de S. Paulo

With the resumption of the economic growth after the stagnation caused by the global crisis in 2009, the National Development Bank (BNDES) foresees investments of nearly R$ 500 billion (US$ 277.8 billion) in the industry in the next four years. The figure appears in the last update of the mapping the Bank makes of the seven sectors with more activity in terms of capital, which are responsible for nearly two thirds of the investments of the Brazilian industry.

According to the BNDES, the amount represents 60.2% growth compared to the R$ 311 billion (US$ 169.9 billion) invested between 2005 and 2008. The year of 2009 was not used in the comparison for there are no consolidated data of such year. The survey maintains the exploration of oil and gas as the main engine of the industry between 2010 and 2013. The sector should respond for 60% of the investment plans mapped - the equivalent of nearly R$ 295 billion (US$ 163.9 billion). Compared to the 2005-2008 period, it will be an 88.2% growth.

The exploration and production specifically in pre-salt layer will be a great boost, but it shall respond for R$ 60 billion (US$ 33.3 billion) of the investments, only 20% of the investments foreseen for the segment by the BNDES until 2013. A great part of the inversions will come from economic chain of the sector, like the perspective of production of 48 support vessels and 13 oil rigs by 2020 and 28 drill-ships and rigs between 2013 and 2017.