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Brazil open opportunities to chinese companies in the solar energy field.

In the last years, chinese companies has founded a range diversity investment opportunities in Brazil. Thus, a millionaire chinese company providing infrastructure construction services called Powerchina group reached an agreement with Brazil to build large solar plants bringing US$307 million to Mato Grosso state. In addition to that, in the next five years different chinese companies are planning to invest more than 5 billion reais (US$1.5 billion) in various power production projects using biomass and solar energy. The text published in CLBrief recalls that China is one of the world’s main producers of solar panels, where three of the five largest companies in the sector are located. In the 2015 to 2021 period China is expected to account for 36% of the total solar energy production capacity on the planet. Beyond the Chinese spectacular growth, international agreements can be beneficial for both sides, as it is a path to Sharing R&D, Development Technology, Create jobs and Reduce environmental damage through using renewable resources energy.


'Brazil is back in business,' President Temer tells World Economic Forum

DAVOS, Switzerland — Brazilian President Michel Temer urged the industry giants at the World Economic Forum to invest in his country despite its falling credit rating, by promising tax reform, efficient bureaucracy and fiscal responsibility.

“Brazil is back in business,” Temer said Wednesday. “Do invest in Brazil and you shall not regret it.”

Brazil’s fiscal crisis began in 2015 and the country has suffered from a high unemployment rate and a deep budget deficit. Two weeks ago, the ratings agency S&P downgraded Brazil’s credit rating from BB to BB-.



December 13, 2017

Brazil beefs up agribusiness governance after meatpacker scandal

BRASILIA (Reuters) - Brazil's Ministry of Agriculture launched a program on Tuesday to ensure farmers comply with anti-corruption, environmental and child labor laws, after a highly publicized meatpacking scandal raised doubts about the country's food products.

The program set up by the ministry and the farm lobby CNA will grant an agricultural seal of integrity to companies that comply.

November 09, 2017

PLANNING MINISTER: "BRAZIL HAS ENTERED A NEW GROWTH CYCLE"

Following structural reforms and the change in course in the economy, Brazil has entered a new growth cycle and has the potential to grow from 3% to 3.5% without affecting inflation. The assessment was made by the Minister of Planning, Development and Management, Dyogo Oliveira, in a speech to Spanish businesspeople.

For the minister, the country has been creating the bases for development, which reduces investment risk. "We have started a great cycle of growth, and if you want to be a part of it, you have to come to Brazil," he told entrepreneurs in Madrid, Spain.

Experts: Chinese Investment Flowing into Brazil ‘Like a Tsunami’

WASHINGTON, DC – China’s investment in Brazil, the largest country in Latin America, has been growing by the year, largely under the radar of the United States, according to two experts.

Chinese foreign direct investment in Brazil grew 37 percent between 2010 and 2016, said Andre Soares, counselor at Inter-American Development Bank, at a discussion at the George Washington University’s Elliot School on Monday.


November 08, 2017

Latin America projected to have fastest bandwidth growth worldwide

Positive economic news from Latin America (LATAM) about its Q2 gross domestic product growth increasing 1.1% annually – its best results in over three years – confirms the region’s economic recovery is gaining traction.

This could be one of many reasons that the Global Interconnection Index, a recent market study published by Equinix, predicts LATAM could be the fastest-growing region worldwide in terms of Interconnection, potentially increasing 62% annually between 2016 – 2020.

October 23, 2017

Agribusiness and utilities lead IoT adoption in Brazil

The agribusiness and utilities sectors are leading the adoption of Internet of Things (IoT) technologies in Brazil, according to a recent study.

Some 45 percent of users polled in agribusiness have rolled out IoT technologies in their organizations, while 30 percent of utility companies have done the same, according to the research by IT services firm Logicalis.

By comparison, only 12 percent of manufacturing businesses in Brazil have implemented the technologies so far. This, according to the study, is due to inability to demonstrate the return on investment (ROI).

Burger King Brazil likely to IPO soon

BK Brasil Operação e Assessoria a Restaurantes SA, operator of the Burger King fast-food chain in Brazil, will list an undisclosed amount of new shares on the country’s stock exchange, the latest in a year-long wave of initial public offerings.

According to a regulatory filing, controlling shareholders Vinci Partners Investimentos Ltda and BRL Trust Investimentos may sell shares in the offering, as may minority shareholder Sommerville Investments BV.

The investment banking unit of Itaú Unibanco Holding SA (ITUB4.SA) will be the lead underwriter, the filing said.


October 20, 2017

China Telecom confirms interest in Brazil's Oi

  China Telecommunications Corp, the country's third largest telecom carrier by mobile subscribers, said on Wednesday that Brazilian telecom company Oi SA was among the several potential targets it had considered for investment

Oi, which provides phone services in hundreds of Brazilian cities, filed for bankruptcy earlier this year. Also known as the largest filing of this kind in the country's history, the carrier has been struggling with a debt of $19 billion.

China Development Bank is one of Oi's creditors with $1.2 billion stake