Opportunities in Brazil
21 September 2009, 2-5pm
Venue: World Trade Centre Hull & Humber
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Over 50 business joined experts at World Trade Centre Hull & Humber to find out about opportunties in one of the world’s fastest growing economies. This was followed by a Question Time session and workshops with the UKTI teams in Brazil via video conferencing link.
Martin Raven, HM Consul-General from Sao Paulo, along with Paul Eadie MBE and Chris Wall, specialists in the Brazilian market, revealed opportunities for businesses to capitalise on Brazil’s growth. Humber-based Simpson Seafish and Supply Chain Europe, specialists in supply chain management, shared their experience of entering the Brazilian market.Key facts:
- A third of the World’s growth this decade has originated from ‘BRIC’countries: Brazil, Russia, India and China.
- Brazil’s economy is predicted to grow at 4%, a stark contrast to advanced economies such as UK and USA.
- Significant investment into infrastructure - ports, road and rail, and airports – is facilitating economic development.
- The UK is one of Brazil's largest foreign investors, and many large UK corporations have well-established operations there.
To view interview with Brazil market specialist click here
Further information: the opportunities: As a BRIC market (Brazil, Russia, India and China), Brazil is a sophisticated market with demand for high value technologies and knowledge needed to excel and help achieve ambitious growth plans. Examples include:
Expertise to support infrastructure investment - The Brazilian Government has introduced a significant investment programme for into its infrastructure in 2007- 2012, in ports, airports, rail and road networks, in order to meet expectations in growth – a factor which has previously been a barrier to economic development. Whilst there are construction companies undertaking this work there is a demand for expertise to deliver the projects and in specialist areas such as airport security. There are also opportunities for UK companies to help develop the infrastructure needed for the Football World Cup 2014 which will be hosted in Brazil.
Advanced engineering – Specific UK expertise of interest to the Brazilian audience are: motor-sport (components & fuel); low-carbon technology (for aerospace and automotive, including motor-sport, applications); advanced materials, automation & robotics; sensors & instrumentation and advanced engineering R&D centres and testing facilities.
Deep sea oil and gas expertise – Recent discoveries of deep sea oil off the Brazilian coast has led to a demand for the expertise and experience gained from extracting fuel from deep sea reserves in the North Sea.
Chemicals - UK manufacturers of chemicals are amongst the leading European exporters of chemicals to Brazil. Opportunities are open for UK companies within the chemical sector, mainly in speciality products such as organic/inorganic chemicals, resins, coatings, inks, paints, pigments and dyes.
Energy – The current 5 year plan is to produce an additional 38,000MW of electricity, which has a market value of £365bn. There is a requirement for expertise to support the build of the new energy infrastructure and asset management. In addition, Brazil is the 2nd largest user of renewable energy, with opportunities for new technologies and carbon finance.
Environment – Opportunities exist for UK companies offering laboratory products, services and cleaner technology, especially in water provision, water waste treatment, air pollution technology and waste management.
Healthcare and Personal Care - A rising cosmetic consumption, coupled with increasing income level and demand of personal care is fuelling growth in this sector which is expected to rise by 15% between 2008-2011.
Ports & Logistics – The Port of Suape is a new port under development which will be the largest petrochemical and ports complex combined in the southern hemisphere. Opportunities exist for example in equipment supply and logistics technologies.
Additional information
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To view the Brazil Business Guide Download
For Brazil's Market Overview Download