Brazilian Government Agency Helps Exporters Earn US$ 8.8 Billion

Brazil export Apex The companies that are participating in the Brazilian Export and Investment Promotion Agency (Apex-Brasil) projects exported US$ 8.8 billion from January to June this year. The target for 2008 is US$ 11.9 billion, that is, in 6 months of work 73.7% of the forecasted total has been reached.

"In comparison with 2007, there was growth of 11.63%. This is very significant growth," stated Rogério Bellini, Project Management manager at the agency.

The number of companies operating with agency support has also grown. In the first half of this year, Apex-Brasil assisted 4,973 organizations through its projects. An increase of 30.8% over the number of companies assisted in the same period in 2007.

For every US$ 1.00 spent by the Apex, US$ 59.43 were generated in greater exports. "Our target was to generate US$ 6.4 per dollar spent. We did very well, generating almost eight times more," he celebrates.

Apex also expanded the number of sectors in its project list. From January to June 2008, 62 sectors were supported, 24% more than the number of sectors reached in the same period in 2007. "We have already serviced 62 of the 68 economic sectors in the country. It is probable that up to the end of the year we may reach 100%," he guarantees.

In the period from January to June 2008, the agency promoted 305 events, or 50.8% of the 600 events forecasted for the whole year. "The result shows that the agency should probably exceed the forecasted target, as the number of events and also those of greater importance are in the second half of the year," he said.

Among them, Bellini points out Sial 2008, a food and beverage sector fair to take place in France, between October 19th and 23rd, and Index, the largest furniture and decoration sector fair in the Middle East, to take place between December 3rd and 7th this year, in Dubai, in the United Arab Emirates.

"At Sial we will have a space of 3,000 square meters. And to Index we should take over 40 companies, to show their products in a space of 1,200 square meters," he says.

Anba

Tags:

You May Also Like

GM Spends US$ 500,000 in Brazil and Argentina on New Breed of Small Cars

General Motors (GM) announced today, July 18, that it will be investing US$ 500 ...

August 1995 Cover Story

Brazilian teenagers and Brazil’s generation X are not different from their counterpart in the ...

Estimates for Brazil’s Growth and Investments Fall Sharply

The estimate by Brazil’s Applied Economic Research Institute (Ipea) for a rise of 5.3% ...

Brazil Uses Bamboo Handicraft to Generate New Jobs

A sustainable development program in the bamboo productive chain is contributing to the improvement ...

Chinese Decision to Strengthen Yuan Helps Brazil

Latin American stocks endured a mixed session, although gains from the heavily weighted Brazilian ...

Lula Discards Retirement and Vows to Stay on Political Stage

The president of Brazil, Luiz Inácio Lula da Silva discarded any sort of retirement ...

US and EU Must Cut Their Own Flesh, Brazil Argues at WTO Meeting

The ministerial meeting of the World Trade Organization (WTO) in Geneva this weekend was ...

Brazilian Women Victims of Violence Urged to Denounce Their Assailants

“Do not report tomorrow the abuse you suffer today.” This is the motto adopted ...

Brazil Reaffirms Commitment to Africa

Brazilian President Luiz Inácio Lula da Silva repeated his pledge that Brazil will install ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`