Big Potential for Investment in Brazils North East | Obelisk International News As Brazil consolidates its position as a leading

emerging market, north east Brazil is attracting big investment attention. For The Economist, the region is a hive of opportunities for Brazilian investment. Containing eight states including Ceara, Piaui and Rio Grande do Norte, north east Brazil occupies around 18% of Brazils land mass and is home to 28% of the population. Its the poorest area of Brazil, but spectacular economic growth over the last decade has made it a favoured spot for investment in Brazil. With annual average GDP growth of 4.2% since 2002, north east Brazil has an impressive economic record. For The Economist, the region is Brazils star economic performer. The great strides made by Brazil to reduce poverty have been particularly effective in north east Brazil. Since 2003, the minimum wage has grown by 60% and according to The Economist, this increase in purchasing power stands out in north east Brazil. And the new north east Brazilian buying clout is attracting the attention of big-name investment in Brazil. The food and beverage giant, Kraft Foods opened its first factory in north east Brazil in April and Fiat is in the process of building a car factory with a total investment of R$3 billion. Since 2006, a total of 52 shopping centres have opened in this area of Brazil, giving an idea of the consumer potential in the region. Once a region workers were forced to flee from, north east Brazil is now attracting labourers and many migrants are returning home. Massive investment in Brazilian real estate and infrastructure in the area has even led to labour shortages, particularly in civil construction. But the biggest focus of investment in this part of Brazil is on infrastructure. Both government and private investment projects are underway in the region. Construction activity is so busy in the area that the federal Integration Minister, Fernando Bezerra claims that right now, the north-east is one big building site. Infrastructure investment includes the Atlantic coast highway and the port and industrial complex at Suape. Near Suape, the southern hemispheres largest shipyard is under construction, indicating the scale and importance of north east Brazil investment. Rail links for freight are also being built. North east Brazil still has ground to cover to catch up with the richer southeast regions, but all the signs are that this part of Brazil is well on the way to economic prosperity. Low unemployment, rising wages and the provision of housing through the Minha Casa Minha Vida programme will ensure north east Brazil continues to progress. Obelisk International is well aware of the huge opportunities available in north east Brazil, an area we pinpointed for its exceptional potential for growth. The areas new-found prosperity makes it ideal for investment in Brazil. The populations rising purchasing power also makes north east Brazil perfect for real estate investment, right across the property spectrum - from social housing to high-end luxury. Contact Obelisk International on 0034 952 820 319. Via email: info@obeliskinternational.com or visit our website: www.obeliskinternational.com. Follow us on Twitter, Facebook and LinkedIn.

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