LIDE Brazilian Investment Forum discusses, in New York City, the resumption of growth and foreign capital opportunities for Brazil
SAO PAULO, May 15, 2019 /PRNewswire/ -- "Investment opportunities in Brazil and the resumption of growth". Themed after it, LIDE – Grupo de Líderes Empresariais (A Business Leaders Group association), held on Wednesday, May 15th, the LIDE Brazilian Investment Forum, which was attended by over 200 investors, bankers and Brazilian and foreign businessmen. In its fifth edition the event gathered some of the current important politicians of the Republic, such as the Presidents of the Federal Senate, Davi Alcolumbre (DEM/AC), the Chambers of Deputies, Rodrigo Maia (DEM/RJ), and the Federal Supreme Court (STF), José Dias Toffoli, as well as governors of São Paulo, João Doria (PSDB), and Minas Gerais, Romeu Zema (Novo) and the Secretary of Finances of São Paulo, Henrique Meirelles. The meeting was also attended by the governor of Rio Grande do Sul, Eduardo Leite, some state secretaries and some Federal congressmen.
"We will work on the Pension reform, and its approval will instantly benefit some sectors such as infrastructure. We also need to deal with the tax issue, with a more simple and clear tax system", stated Maia. According to Alcolumbre, when there are such important presences in an event, the trust for investments which enable the sustainable economic growth in Brazil is regained. "The Pension Reform has been the most urgent matter to deal with. It is important not only to the State but also to all the population because it will allow a more effective social program execution there is: job creation", warned the President of the Federal Senate.
According to Toffoli, legal security is essential for foreign capital contributions in Brazil. "While the American Supreme Court receives an average of 10 thousand lawsuits and deliberates 100 of them, the STF's First and Second Panels and the Plenary deliberate 14 thousand". Echoing Maia and Alcolumbre, Toffoli still stated: "Brazil needs to have more of a civil society, more market and liberalism, and that was what people demonstrated when they voted".
"We must have a sharing view, without any fiscal wars between the states", said João Doria. The governor highlighted the efforts made to maintain the GM plant in the state and after that decision, the company has committed to invest US$ 10 billion within the next years in order to create about 2 thousand jobs. According to Meirelles, São Paulo has a pro-market agenda, with investment opportunities via privatizations, concessions or private-public partnerships (PPPs). For Zema, during his term, "he will privatize as much as possible", with the help of the Legislative Assembly of Minas Gerais. "We want our state to be less hostile to the ones who have been investing here, making it easier for the entrepreneur and the worker", he said.
CAOA, COSAN, GOCIL, FS, JHSF, NELSON WILIANS ADVOGADOS, TOUCH ID and VITACON are sponsors of LIDE Brazilian Investment Forum, which has the support of CT GROUP, GM, KIA MOTORS, UHG, WALD and WHIRLPOOL. CDN COMUNICAÇÃO, FORMAG'S, RCE DIGITAL and TRACK are official providers. PR NEWSWIRE, RÁDIOS BAND, RÁDIO JOVEM PAN, REVISTA LIDE and TV LIDE are media partners.
Contact: Milton Rizzato – 55 (11) 3643-2752/ [email protected]
SOURCE LIDE
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