Bringing Brazil Back from the Brink

Oct. 9, 2012
While Brazil is presently facing economic challenges in 2012, the activity there is an interesting mix of opportunity and development.

Last month, Brazilian President Rousseff announced a stimulus plan to bring the economy out of its current decline. The stimulus package focuses on infrastructure projects, the latest in a line of measures taken to pull the Brazilian economy back up.

Record low interest rates, tax incentives, and investments in information technology projects to build highly valued companies are just some of the other steps that the government has taken. 

Companies across the world are reacting. U.S. medical companies have been buying assets in Brazil to capture the growing need for medical care and devices. UnitedHealth Group Inc. just announced a plan to purchase 90% of Amil Participacoes SA, a Brazil-based insurer and hospital operator, so the company would have a stake in the emerging economy. 

Fiat is building their second factory in Brazil, lured there by financing options and tax breaks that will persist for five years after production starts at the new factory. 

The Brazilian government is looking to overhaul its air force and is entertaining bids on the expected $4 billion project, where Boeing is a big contender. 

While the Brazilian economy may be dabbling in recession right now, it will soon pull up. And the interesting mix of incentive and opportunity will provide for a diverse range of activity.   

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!