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Invest in Brazil News

  • Caixa Expands FGTS Withdrawal Service In Europe

    Caixa Econômica Federal (Federal Savings Bank) has expanded operation of the Government Severance Indemnity Fund (FGTS) in another six European countries. Brazilians residing in Germany, Austria, Spain, Italy, Portugal and Switzerland can now withdraw their benefit without needing to return to Brazil. The strategy, which began in Europe in May 2012, is part of a partnership between Caixa and the Ministry of Foreign Affairs, and is now available at more than 30 points, distributed in communities abroad in which a large number of Brazilians live.

  • FINEP Launches R$ 41 Million Tender for the Shipbuilding Industry

    The Brazilian shipbuilding industry has just received R$ 41 million to invest in new technology and equipment. FINEP has launched a public invitation with non-reimbursable funds (which do not need to be returned) from the National Fund for Scientific and Technological Development (FNDCT)/Sector Funds to support cooperative projects between scientific and technology research institutions and companies operating in ship parts for inland, coastal and long haul shipping.

  • Agricultural and Livestock Plan to Provide R$ 136 billion for the 2013-2014 Season

    The 2013-2014 Agricultural and Livestock Plan (PAP), announced on Tuesday (June 4) in Brasilia by President Dilma Rousseff, reached its highest financial volume ever of R$ 136 billion. The amount is divided into R$ 97.6 billion for costing and marketing financing, and R$ 38.4 billion for investment programs. Credit available under the plan has increased by 18% compared to the previous year.

  • Over 500% Increase in Loans under the ABC Program in Three Years

    Since the creation of the Low Carbon Agriculture Program (ABC) credit line, under the 2010-2011 Agricultural and Livestock Plan, 14,000 contracts have been concluded, totaling over R$ 4.46 billion in finance agreements. In three years, there has been a 507% increase in the acquisition of loans by farmers to adopt technologies for the recovery of degraded pastures, crop-livestock-forest integration, no-till farming, and planted forests, among others.

  • Brazilian government announces airspace control plan for the Confederations Cup

    The six host cities (Brasilia, Recife, Fortaleza, Salvador, Rio de Janeiro and Belo Horizonte) are to be patrolled by 10 aircraft. Government agencies will operate collaboratively

  • Brazilian Ministry of Health to invest R$ 1.9 billion in equipment by 2014

    Investments range from the structuring of primary care units in the host cities of the FIFA World Cup 2014 to purchasing hospital equipment and ambulances

  • Brazilian Government's National Tourism Plan outlines targets for the next four years

    The goal is to make Brazil the 3rd world tourist economy by 2022

  • Open University to Expand in Mozambique as of 2015

    An agreement signed on Monday (May 20) provides for the expansion of the Open University of Brazil (UAB) in Mozambique. As of 2015, over 2,000 places will be available in mathematics, biology, pedagogy and public administration courses. The document was signed by the Minister of Education, Aloizio Mercadante, during a meeting with leaders of Portuguese-speaking African countries.

  • Virtual catalog for biodiversity of brazilian flora

    At least 1.1 million Brazilian plant samples are expected to be made available through the Reflora Virtual Herbarium Project. This was the main result presented during an event on “historical recovery and creation of a virtual herbarium for knowledge and conservation of Brazilian flora”, held from May 15-17 at the National Council of Scientific and Technological Development (CNPq).

  • Brasilia University Hospital Prepares Confederations Cup Plan

    Brasilia University Hospital (known as "HUB") has begun final preparations for the opening of the Confederations Cup on June 15. The hospital is part of a group of hospitals that will provide medical support during the single match in the competition that is to take place in the Federal District: Brazil vs. Japan. The institution started work toward creating a crisis cabinet, indicating team coordinators and drafting a response plan to assist spectators.

  • Telebras Completes Telecommunications Network for the Confederations Cup

    Telebras has completed the fiber-optic rings in the Northeast and Southeast of Brazil, expanding its telecommunications network by over 8,900 kilometers. In doing so, the company's backbone extends 25,000 km across the country. The metropolitan areas of São Paulo, Rio de Janeiro, Vitória and Belo Horizonte have now become part of the Telebras national network.

  • UN and Ministry of Justice Data Shows 175% Increase in Asylum Requests in Brazil between 2011 and 2012

    The refugee population in Brazil amounts to 2,991 people, excluding the 1,271 Angolans and Liberians who no longer occupy exile status. 2,008 foreigners were granted asylum between 2011 and 2012 (four times more than in 2010) and from the 853 requests made until March this year, 577 were assessed, with 253 granted, representing an increase of 175% over the 299 applications in 2012. The data was released on Friday, April 26, by the Ministry of Justice and the United Nations High Commissioner for Refugees (UNHCR).

  • Brasilia starts to install signs for the 2013 and 2014 soccer tournaments

    Complementary signs for the 2013 Confederations Cup and the 2014 World Cup are now beginning to be installed in Brasilia, with the placement of street signs, written in Portuguese and English, in the vicinity of the city's new sports arena, the Mané Garrincha National Stadium of Brasilia. The total cost of the special signs amounts to R$ 930,000, including materials and labor.

  • Brazil and India release public invitations for scientific and technological development

    On Monday (April 22), the National Council of Scientific and Technological Development (CNPq) and the Ministry of Science, Technology and Innovation (MCTI), in partnership with the Indian Ministry of Science and Technology, released two public invitations through the departments of Science and Technology (DST) and Biotechnology (DBT) intended to support scientific and technological development in the two countries.

  • Science without Borders to exceed the 45,000 scholarships forecasted for this year

    Science without Borders, the main federal government program for academic mobility abroad, has awarded 41,133 scholarships since its inception in 2011. Of this total, 23,851 students were approved in the last year, and more than 19,000 are already studying abroad. The remaining 17,282 candidates were selected from  public invitations this year.

  • Brazil and UK to expand access to foreign trade information

    On Wednesday (April 24), Brazil and the United Kingdom signed a memorandum of understanding in São Paulo to expand the system for Consultation of Tariff Preference Agreements (CAPTA), which holds data on the reduction of import duty resulting from international trade agreements entered into by Brazil. Currently, details on this reduction (known as a tariff preference) can be accessed through the CAPTA web page, on the Ministry of Development, Industry and Foreign Trade (MDIC) portal.

  • Strategic Affairs Secretariat Launches New Edition of Study on the Middle Class

    At 10am, on Monday, April 29, the Strategic Affairs Secretariat (SAE) is to launch the third edition of the "Voices of the New Middle Class" book in Annex I of the Presidential Palace. The event will be promoted in partnership with Caixa Econômica Federal and the United Nations Development Program (UNDP).

  • Number of brazilians with a minimum of 2 Mb fixed internet grows 91%

    The number of Brazilians who access the Internet from home at speeds greater than or equal to 2 Mb grew 91% between June 2011 and the same month of 2012, increasing from 8.8 million to 16.8 million people. The data is from a survey conducted by IBOPE Nielsen and refers exclusively to fixed Internet.

  • 700 MHz band auction to give preference to national technology

    Public notice to require winners to buy products and equipment manufactured in Brazil. The percentage has not yet been defined.

    The auction for the 700 MHz band, which is to install 4G technology in Brazil, will give preference to applicants that buy products and equipment featuring national technology. The assurance was given by the Communications Minister, Paulo Bernardo, during a hearing at the Senate Commission on Science and Technology.

  • Mobile broadband access grows 1800% in four years

    Mobile broadband access in Brazil increased approximately 1800% in four years, being accessed 2 million times in 2008 and 65 million times by February 2013, putting the country in first place in Latin America in terms of the density of mobile broadband access. The data was released by Minister Paulo Bernardo during a public hearing in the Senate, on Tuesday, April 9.

  • Smartphones up to 30% cheaper

    President Dilma Rousseff has signed a decree relieving taxes on smartphones, with a waiver of up to R$ 500 million a year. The exemption should lead to a reduction of up to 30% in the final consumer price of imported smartphones. Under the terms of the Decree, smartphones with high speed Internet and pricesof up to R$ 1,500, will be entitled to tax relief.

  • Government Establishes New Model for Biodiesel Stock

    On April 8, the Ministry of Mines and Energy (MME) published an ordinance in the Official Gazette establishing a new model for strategic stocks of biodiesel in the country. A new feature is the "purchase option" method of acquisition which is used in other sectors. With this, buyers of biodiesel (essentially, Petrobras) contract the right to take the product when necessary, at any time, and plants are required to conclude the business at the agreed price.

  • Brazil Innovates with 4G to Bring Broadband to Rural Areas

    A new fourth generation wireless network solution is being developed by Brazilian researchers

    Brazil will be the first country to use 4G technology to bring broadband to rural areas. According to Communications Minister, Paulo Bernardo, this will be made possible thanks to a new fourth generation wireless network solution that is being developed by Brazilian researchers. "Various companies are engaged in the project and this may result in technology that is used worldwide," said Bernardo.

  • Government Launches Inova Energy Plan with R$ 3 Billion in Research Funding

    On Monday (April 1), the President of the National Social and Economic Development Bank (BNDES), Luciano Coutinho, signed the Inova Energy Plan cooperation agreement which is to provide R$ 3 billion in investment to develop the Brazilian energy sector.