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Brazul Market Opportunity Summary

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Submitted By joce
Words 492
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Brazil is Latin America's biggest economy and the 6th largest economy in the world. Bolstered by strong domestic demand and a growing middle class, Brazil weathered the economic downturn better than most major economies and grew 7.5% last year, compared to an estimated 2.3% growth in the G7 countries and 2.8% in the United States.

There are few, if any, sectors in Brazil that do not have excellent short term opportunities. Certain sectors have experienced growths higher than average, such as air transportation, telecom, oil and gas, and mining. Other promising investment areas includes: agriculture, agricultural equipment, building and construction, electrical power, safety and security devices, environmental technologies, nuclear power, retail and transportation

Energy, oil and gas: The Brazilian national oil company Petrobras' expansion may represent the largest global business opportunity in the oil & gas sector between the years 2011-20. Brazil is also targeting nuclear energy as an area for expansion in order to diversify its energy matrix and keep up with increased demand in a growing economy.

IT and Telecom Services & Equipment: Brazil is one of the largest IT markets within the emerging economies. IT end-user spending in Brazil is expected to grow to $134 billion in 2014. The largest share of spending will be on telecom equipment, representing 72% of the market, followed by IT services at 13.3%, and computing hardware at 11.9%.

Transportation / Infrastructure development / Construction / Safety and Security / Tourism: In the years leading up to the 2016 Olympic Games in Rio de Janeiro, Brazil will host several international sporting events (2011 World Military Games, 2011-2012 Pan-American Maccabi Games, 2013 soccer Confederations Cup, and the 2014 soccer World Cup). The Government expects to invest $106 billion in the preparations for

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