Governor of Sao Paulo seeks to expand Brazil-US business at LIDE Brazilian Investment Forum, in New York
SAO PAULO, May 8, 2017 /PRNewswire/ -- LIDE – Grupo de Lideres Empresariais ('Group of Business Leaders'), together with the Brazilian-American Chamber of Commerce, presided over by Luiz Fernando Furlan and Alexandre Bettamio, respectively, will be conducting the LIDE Brazilian Investment Forum on May 17, from 7:30 am to 10:30 am, at the Harvard Club in New York City. During the encounter, Geraldo Alckmin, governor of Sao Paulo, will give a presentation on investment possibilities in the state. The event will also provide the occasion for delivering the First Person of the Year award to Joao Doria, mayor of the city of Sao Paulo. 200 investors, bankers, rating analysts and entrepreneurs are expected at the event.
The purpose of LIDE Brazilian Investment Forum is to promote closer bilateral relations between American and Brazilian entrepreneurs and investors. According to Luiz Fernando Furlan, chairman of the Board of LIDE and former Minister of Industrial Development and Foreign Trade, owing to the vast reach of its infrastructure which can absorb activities in many different sectors, Sao Paulo offers tremendous business opportunities for American investors, enhancing and showcasing Brazil's potential abroad.
The new concession model for the state of Sao Paulo's highways has been adapted to comply with international requirements. This year, bidding took place on two segments of the Central Western Paulista Highway, and the Calcados Highway, with premiums of 130.89% and 438.17%, respectively. At a time when the economy is quite fragile, this initiative is an effort by the state government to attract foreign investment in order to maintain and expand the state's infrastructure, thus ensuring job creation, which is a primary focus of Governor Geraldo Alckmin.
Sao Paulo is recognized as the largest economic and industrial pole of the Southern Hemisphere, and in 2015 it accounted for 34% of domestic income generated in the services sector. In addition, it is responsible for 32% of Brazil's Gross Domestic Product (GDP), which is higher than that of countries such as Chile, Belgium, South Africa and Singapore.
In 2016, this event in New York featured presentations by Governors Marconi Perillo (Goias) and Pedro Taques (Mato Grosso), bringing together 320 investors, bankers, rating analysts and American and Brazilian entrepreneurs.
This initiative has the institutional support of the BRAZILIAN AMERICAN CHAMBER OF COMMERCE. Sponsorship comes from the companies APEX, CISA TRADING, COSAN, CUTRALE, CYRELA, EMBRAER, ESTRE AMBIENTAL, FS, GOCIL, GRUPO JEREISSATI, JHSF, STEFANINI, TISHMAN SPEYER, UBS and XP INVESTIMENTOS. Suppliers are CDN COMUNICACAO, F&Q BRASIL, MARINGA, RODOBENS COMUNICACAO and TRAVEL ACE. FORBES BRASIL, PR NEWSWIRE, LIDE magazine and TV are media partners.
Contact: Rose Rocha
Phone: (11) 3643-2952 – [email protected]
SOURCE LIDE Brazilian Investment Forum
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