Friday, 22 November 2019 07:09 GMT

Brazil presents projects worth USD 500 mn in UAE

(MENAFN - Brazil-Arab News Agency (ANBA)) Thais Sousa

São Paulo – The Annual Investment Meeting ( AIM ), an event about foreign direct investment (FDI), will feature exhibitors from 25 countries, including Brazil. The conference runs from April 8 to 10 in Dubai, United Arab Emirates. The Brazilian Pavillion will feature 11 agribusiness companies. The space is organized by the Brazilian Minister of Agriculture , Livestock and Supply ( MAPA ). 'The projects we are taking for fundraising reach 500 million dollars,' said MAPA Foreign Investments and Cooperation Department acting director Rodrigo Da Matta in an interview to ANBA.

Activities of the Brazilian companies that are going to the event include aviculture, pisciculture, coffee-growing, trading, beverages, telecommunications, certification, organic agriculture, and general agriculture. The stand will have two rooms for B2B and meetings between companies. The first one includes six tables for meetings that will occur throughout the three-day event. 'We've worked with them (companies) to understand their main interest. We've told Brazilian companies their potential partners and contacts being made for the B2Bs,' completed Matta.

According to him, Brazilians will use the events' workshops to acquire information about the investment sector. Among the supporters of the action at AIM are the Arab Brazilian Chamber of Commerce and the Brazilian Trade and Investment Promotion Agency ( APEX-Brasil ). Other countries that will exhibit at the event include Saudi Arabia, China, the UAE, and Egypt.

There will also be a Brazilian speaker in the AIM programme. Artur Coimbra de Oliveira, director of the Department of Broadband of the Ministry of Science, Technology, Innovation and Communication will present during the panel 'Invest in Latin America and the Caribbean.'

The theme of the conference this year will be 'Mapping the Future of FDI: Enriching World Economies through Digital Globalization.' The global event was created by the UAE Ministry of Economy.

Representatives from 140 countries are participating in the conference, including investor and authorities from regions such as Europe, Latin America, the Middle East, Africa, and Asia. Pictured is the Mubadala Holding stand at 2018 AIM.

Translated by Guilherme Miranda


Brazil presents projects worth USD 500 mn in UAE