Brazil will host the largest investment forum, with a focus on sustainability

Sustainability and new industrialization opportunities will be the protagonists of the largest investment forum in Latin Americahe Brazil Investment Forum (BIF)whose sixth edition will take place on November 7 and 8 in Brasilia.

“Brazil It is changing and is once again competing with everyone and also opening up to those who want to make safe and innovative investments. Last year alone, US$85 billion were invested in Brazil. We have a lot to offer and, in this edition of the BIF, we are going to present the best”, remarked Jorge Viana, president of ApexBrasil.

The Brazilian Export and Investment Promotion Agency (ApexBrasil) – an entity with which EFE has a content dissemination agreement – is responsible for organizing this forum, together with the Government of Brazil and the Inter-American Development Bank (IDB). ).

A space to learn and find connections

The event will bring together executives from various countries, experts and authorities, among them will be the vice president of Brazil, Geraldo Alckmin; Foreign Minister Mauro Vieira; the Minister of Finance, Fernando Haddad; and the president of the Inter-American Development Bank (IDB), Ilan Goldfajn.

It will also feature debates on development in the Amazon, food security, innovation, technology, industrialization, agribusiness, energy transition and sustainability.

For two days, more than 40 experts will participate in the panels, which are an opportunity to learn about “the new realities of the country and issues in which the South American giant is a reference.

“A place to make connections”

The forum also aims to serve “establish contacts with major investors and opinion makers from around the world”.

“The BIF is a favorable place to establish meaningful business connections with other participants and, above all, with government representatives, meeting in a unique opportunity to provide the necessary support for the realization of projects in Brazil”the statement added.

The South American country will offer at the forum a “promising business scenario” in sectors such as transportation and logistics infrastructure, as well as in energy generation and energy transition, in mining, in sanitation, in agribusiness, in oil and gas, in technology and in the financial sector.

Brazil, the South American giant

“Brazil is on the path of sustainable development, with public policies aimed at promoting income generation and employment, reducing inequalities and advancing its commitment to the environment,” the statement highlighted.

According to ApexBrasil, the country is also determined to attract investments, increase the competitiveness of national products and promote exports.

In that sense, he added that the business environment in the country “It is having a positive impact on the economy and attracting investments.”

The business environment has improved thanks to the reduction in interest rates, which are at 12.2%the fall in inflation (5.1% year-on-year), the decrease in unemployment (7.7%) and the restructuring of public policies by the Government of Luiz Inácio Lula da Silva, who took power this year.

Promising numbers

According to data from the Organization for Economic Cooperation and Development (OECD) in 2022, Brazil is the third largest recipient of foreign investments in the world, with US$85 billion, which represents an annual increase of almost 70% and represents a “historical record”.

Furthermore, in 2023 the country became the most innovative economy in Latin America, according to the Global Innovation Index, with more than 12,000 emerging companies, including more than 30 “unicorns”which are valued at more than US$ 1,000 million.

“The dynamism in attracting investments reflects the economic potential of the country, one of the largest global agricultural producers and the largest world exporter of products such as soybeans, coffee, orange juice and sugar”stressed the text, which also highlights the country’s role in global food security.