11 May 18

Brazil mobility investments seen appealing

Brazil is ranked No. 2 the world in terms of the best countries to consider investing in, the federal government reported Ernst & Young as saying, adding that the automotive and transport sectors are among the most attractive types of businesses right now.

According to the consultancy firm, the main destinations being eyed by investors are the United States and Brazil, in addition to Canada and Mexico. Other industries of interest are energy, goods and services, and retail.

Brazil, which has been recovering from a multi-year financial crisis for at least a year, was ranked No. 8 last year (2017).

Authored by: Daniel Bland