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Brazilian investors aim USD32bn GCC projects
(MENAFN) Recently, more new business chances in the GCC opened for Brazilian investors with USD32bn worth of large-scale urban construction projects being tendered in the region.
The Arab-Brazilian Chamber of Commerce aims to foster economic, cultural and tourism ties between Arabs and Brazilians.
Accordingly, a total of 801 urban construction projects with a joined value of USD32bn are being tendered in the area.
Moreover, the whole contract value will expand by 29 percent to USD65.6bn in the coming year and by 1 percent to USD66bn in 2019.
The Arab-Brazilian Chamber of Commerce aims to foster economic, cultural and tourism ties between Arabs and Brazilians.
Accordingly, a total of 801 urban construction projects with a joined value of USD32bn are being tendered in the area.
Moreover, the whole contract value will expand by 29 percent to USD65.6bn in the coming year and by 1 percent to USD66bn in 2019.
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