Foreign Investment Still Flowing to Brazil

According to Brazil's Central Bank, Foreign Direct Investment (FDI) during the first nine months of 2011 stood at $50.5 billlion, with over $60 billion projected for the entire year. This represents the highest ever recorded volume of FDI for Brazil.

Experts point to a number of factors drawing FDI, including the upcoming 2014 World Cup and 2016 Olympics. The discovery of massive offshore oil reserves has also prompted large-scale foreign and domestic Brazil investment.

The bullish news on foreign investment comes as Europe arrives at a deal to address the Eurozone debt crisis. As developed northern economies struggle to deal with ongoing debt issues, Brazil appears well-prepared to ride out any fluctuations in the global economy.

Brazil has the world's seventh largest reserve of foreign currency and gold at $352 billion. In the event of global slowing, the government has plenty of room to lower interest rates and bank reserve requirements in order to increase lending and liquidity.

The government also has a number of recourses in terms of tax policy, with potential reductions to foreign investment taxes and sales taxes in the event stimulus is required.

In the northern state of Ceará, the economy is still vibrant. At MDMY Investment, Director Jamie MacDonald-Murray is optimistic about the next several years: " We expect the economy and property market to remain strong in Ceará going into the 2016 Olympics and beyond. In addition to the major sporting events, northeast Brazil is seeing massive investments into infrastructure for energy, agriculture, and transportation. The area around Fortaleza is still a great value for foreign investors seeking return in Brazil real estate."

http://www.mdmy.com.br

MDMY Investment is a Brazil-based and operated Investment Company, providing overseas investors unique investment opportunities in some of the most dynamic areas of the Brazilian market place. Specialising in the Property, Real-Estate Development, Construction, Tourism, Security and Environmental sectors, MDMY Investment is owned exclusively by the founding Directors of the MDMY Group. We operate from the heart of Fortaleza, in the northeast state of Ceará.

MDMY Investment S/A
1106 Business Tower
1200 Av. Dom Luis,
Aldeota, Fortaleza.
Ceará, CEP 61.160-230
Phone : +55 85 3181 0271

Scott Johnson
Chief Operating Officer

scott@mdmy.com.br
http://www.mdmy.com.br

This release was published on openPR.