A massive uptick in export volume, increased consumer spending and the first job creation in the region all drive the Ceará economy in the first third of 2018.
Investment in Ceará moves up another level with the two major health hubs bringing cutting-edge technology and highly skilled staff to the state.
The latest global wealth report finds that Brazilian millionaires are to increase 81% by 2022 with significant effects for the luxury market.
Foreign investment in Ceará continues to pour in this year. The latest multinational drawn to the region by its strategic location is a Chinese-backed electrical company. This is the first of several planned investments and brings welcome capital and employment opportunities to the state.
When it comes to foreign investment, tourism and real estate, some regions of Brazil are moving faster than others. This is certainly the case in Ceará, Northeast Brazil, a state registering high volumes of investment and buoyant business tourism figures.
Latest figures for import and export handling at Pecem Port, one of the largest ports in Northeast Brazil, point to an excellent start to the year. The port and state authorities believe 2016 will be a year of consolidation at Pecem Port for both business opportunities and employment as the port continues its expansion plans. This BRIC Group news article explains why.
The economy in Ceará in northeast Brazil continues to move in the opposite direction to the rest of Brazil. In Ceará, the property market, car sales and the industrial sector are all growing while those in the country as a whole register negative numbers.
It’s full steam ahead for the economy in the state of Ceará in northeast Brazil. Figures just published for its GDP performance for last year show Ceará is growing fast and considerably ahead of the rest of Brazil.
The figures just released for employment and property in northeast Brazil highlight that both markets are booming and well ahead of those at national level. The state of Ceará was one of the centres for job creation as well as a hot spot for property.
PepsiCo’s foods division is looking to double its revenue in the next three to four years in Brazil in spite of a recent slowdown in Latin America’s largest economy.
PepsiCo’s plan reflects the belief of many local groups and multinationals that the longer term structural source of economic growth in Brazil, the rise of its lower-middle class, especially in the traditionally poorer northeast, is intact.
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