Federal Government Projects Creation of 22,000 Jobs and Investments of R$ 261 Billion Through Foreign Investors

In Event For Foreign Investors, The Federal Government Says It Has Great Expectations For Investments And Job Creation In The Country

On last Monday, during the opening ceremony of the Brazil Investment Forum 2021, an event organized by Apex-Brasil and the Inter-American Development Bank, the Federal Government stated that the pandemic will not compromise the Brazilian economy in the long term. The entity also emphasizes that Brazil offers unique opportunities to investors from all over the world, due to its potential and the legal and economic security that prevails in the country. The expectation is that foreign investors will make contributions of R$ 261 billion and generate about 22,000 jobs. Read also: Federal Government Joins Forces With The Automotive Industry, Auto Parts, And Vehicle Distribution To Discuss The Restart Of A Sector That Once Accounted For 10% Of Brazil’s GDP

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Investment Situation With The Pandemic

The Federal Government states that the current COVID-19 health crisis in the country may cause concerns; however, it does not have the power to compromise the long-term of one of the largest economies in the world, also stating that Brazil is prepared to offer unique opportunities to investors from all over the world due to its potential, as well as its legal and economic security.

During the event, which includes the participation of 101 countries, significant targets were highlighted. According to the Government, 60 projects with a potential investment of US$ 72 billion will be presented throughout the event. From the proposals presented, the expectation is that Brazil will receive US$ 50 billion in investments, which will generate 22,000 jobs between 2021 and 2022, says the Federal Government, which also added that the Brazilian economy has already resumed its growth and job creation.

Investments And Relations With South American Countries

The Government also stated that it has never regarded development and sustainability as opposites, but that it indeed wishes to see investment, science, technology, and innovation translate into job and income increases for Amazonian populations. In this context, the Federal Government also advocated for an intensification and greater economic interaction with countries of the Mercosur and South America.

Also present at the meeting, the Minister of Foreign Relations, Carlos Alberto França, sought to minimize international criticism of the Government regarding its environmental stance and defended sustainable development. The minister states that the Forest Code was designed to restrict excessive deforestation and stimulate reforestation and soil recovery, making Brazil permanently one of the countries with the largest protected areas in the world.

See Also: Naval Construction Industry Will Try Dialogue With The Federal Government To Resume Petrobras Contracts And Return To Generate Jobs

A group of experienced professionals in the sector gathered and created the Emerge Project, which proposes revitalization in the naval industry. The idea will be presented to the Federal Government and promises to turn the page on the Lava Jato scandal, resuming construction works in the shipyards and consequently generating many job opportunities, including in the oil and gas sector, if Petrobras resumes orders in Brazil.

Despite having excellent professionals, Brazil currently faces a crisis in the naval sector, and we must confront shipyards ready to work but that remain practically idle and/or left to rot. The construction of vessels that could be made here is being carried out in Singapore and Korea.