Conference in New York to Present Investment Opportunities in Technology and Innovation...
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Conference in New York to Present Investment Opportunities in Technology and
Innovation Sectors in Brazil
- 'Invest in Brasil' Conference to highlight Brazil as a great place to
invest in technology. The conference will focus on information technology,
outsourcing, semiconductors, and electronic displays.
NEW YORK, June 24 /PRNewswire/ -- Investing in Brazil is a hot topic for North
American investors. Following two events on the infrastructure sector earlier
this year, the "Invest in Brasil" conference will bring together business
people, investors, and decision-makers to present and discuss options in the
area of technology and innovation, on June 25th in New York City. This
initiative is sponsored by the Brazilian Trade and Investment Promotion Agency
(Apex-Brasil) and the Brazilian-American Chamber of Commerce of NY.
Brasscom, the Brazilian Association of Information and Communication
Technology Companies, is supporting the event as a representative of the IT
sector. Brazil is currently a strong candidate for organizations seeking to
diversify their operations and to set up nearshore centers. Brasscom's
objective is to promote the country's ability to become one of the three major
global players in IT, leverage business, and attract foreign capital
investments.
John Landers, President of the Brazilian-American Chamber of Commerce, and
Alessandro Teixeira, President of Apex-Brasil, will open the event. Mr.
Teixeira will speak about reasons to invest in Brazil, showing how economic
growth, inflation control, and social and political stability have contributed
to Brazil's sustainability and credibility as a place for foreign investment.
"Today, Brazil is a must for the portfolios of the largest global companies
and despite the reduction in the global flux of Foreign Direct Investment in
2008, investment grew 20% compared to 2007, reaching 45 billion dollars in
FDI," says Teixeira.
Presentations
The conference will be comprised of presentations about investment
opportunities in Brazil in the sectors of Information Technology (IT),
outsourcing, semiconductors, and electronic displays. The president of the
Brazilian Association of Information Technology and Communication Companies
(Brasscom), Antonio Gil, and the Executive Advisor for the Brazilian Agency
for Industrial Development (ABDI), Pedro Alem, will speak about these sectors,
which are an integral part of the Brazilian Federal Government's strategy
outlined in its Production Development Policy (PDP).
The President of the Brazilian Associations of Venture Capital and Private
Equity (ABVCAP), Luiz Eugenio Junqueira Figueiredo, and the Investment Manager
of Apex-Brasil, Marcia Nejaim, will speak about venture capital and private
equity in Brazil, demonstrating Brazil's potential in this area. A study by
EMPEA (Emerging Markets Private Equity Association) identified Brazil as the
second most attractive emerging country for investors in 2009, following only
China. A study by the Getulio Vargas Foundation (GVCEPE) showed that 57% of
the resources raised by the country come from foreign investors. Companies
from technology-intensive sectors predominate in the total investments made in
Brazil. Of the total amount invested in the country, 30% was applied to IT,
telecommunications, electronics and biotechnology.
The conference in New York will bring together approximately 150 potential
investors from high-level multinational firms, investment funds that focus on
high technology, market analysts, journalists, specialized consultants and
representatives from universities and research and development centers.
Attendees will learn that Brazilian electronic, telecommunication, automotive,
and aeronautic industries are expanding rapidly, increasing the potential
consumption of semiconductors. The country is also becoming one of the
principal global alternatives in the sectors of information technology and
outsourcing and aims to position itself as a potential destination for
American investment.
Conference:
Invest in Brasil
Date: 6/25/2009
Time: 8:00AM
Location: The New York Palace
Address: 455 Madison Avenue
New York, NY 10022
For more information:
Press Contact Brasscom - Elizabeth Warnock, elizabeth.warnock@bm.com -
+1-212-614-4417
Press Contact Brazilian-American Chamber of Commerce - Andrea Soares
Berrios, info@brazilcham.com - +1-212-751-4691
Press Contact Apex-Brasil - lilian.leao@apexbrasil.com.br -
+55 61 3426-0298
SOURCE Brasscom
Elizabeth Warnock, +1-212-614-4417, elizabeth.warnock@bm.com, for Brasscom; or
Andrea Soares Berrios of Brazilian-American Chamber of Commerce,
+1-212-751-4691, info@brazilcham.com; or Apex-Brasil, +55 61 3426-0298,
lilian.leao@apexbrasil.com.br
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