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Minister of Mines and Energy Says Brazil Has a Favorable Environment for Investment in Energy and Mining; Sector Could Gain Up to R$ 400 Billion in the Coming Years

Published on 01/06/2021 at 20:19
Ministro de Minas e Energia diz que o Brasil tem ambiente propicio para investimento em energia e mineração; setor deve ganhar até R$ 400 milhões nos próximos anos
Foto: Bruno Spada
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Brazil’s Energy Matrix Should Gain Up to R$ 400 Billion in Investments in the Coming Years.

Bento Albuquerque, Minister of Mines and Energy, highlighted that Brazil has a favorable scenario for investment in the mining and energy sectors. The minister also emphasized that approximately R$ 400 billion in investments are expected in the coming years, with most of it directed towards the energy matrix.

The minister participated this Monday, 31, in the panel Energy Transition in Brazil: The Importance of Renewable Energies and Foreign Investment in Brazil, at the Brazil Investment Forum 2021.

It is important to say that in the last two years, even with the health crisis, we had investments in the energy and mining sectors in Brazil amounting to US$ 30 billion from 17 countries. Twenty-six percent of the foreign capital that entered the country in 2020 went to the energy and mining sectors. What does this represent? It represents that we have a business environment favorable to investments,” declared the Minister of Mines and Energy.

Auction Should Be Held This Year in Various Sectors

Bento Albuquerque further highlighted that there are 10 electric generation auctions, two energy transmission auctions, three oil and gas auctions, and four in the mining sector scheduled for this year. The minister emphasized that the auctions aim to expand the energy and mining sectors in the country, as well as increase investments in the sector.

Image of Four Power Towers: Source: MME

All these auctions aim to provide this expansion for the energy sector of the country and mining as well, attract new investments, new partners; and this has indeed happened. We have a business environment that prioritizes legal security and also predictability“, declared the Minister.

The forum takes place remotely from May 31 to June 1, highlighting investment opportunities in the most important sectors for Brazil. Throughout the forum, a total of 60 projects will be presented, with an estimated portfolio value of US$ 72 billion.

Fabio Lucas Carvalho

Jornalista especializado em uma ampla variedade de temas, como carros, tecnologia, política, indústria naval, geopolítica, energia renovável e economia. Atuo desde 2015 com publicações de destaque em grandes portais de notícias. Minha formação em Gestão em Tecnologia da Informação pela Faculdade de Petrolina (Facape) agrega uma perspectiva técnica única às minhas análises e reportagens. Com mais de 10 mil artigos publicados em veículos de renome, busco sempre trazer informações detalhadas e percepções relevantes para o leitor.

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