Data from fDiMarkets shows a large increase in the number of FDI projects in the Brazilian industrial machinery, equipment and tools sector in 2011.

The data, which includes projects recorded between January 2011 and November 2011, shows that there have been 60 FDI projects in the Brazilian industrial machinery, equipment and tools sector in this period, a significant increase compared to previous years. In both 2006 and 2007, the country only received eight FDI projects in the industrial machinery, equipment and tools sector. Previously, 2010 had been the most successful year for such projects with 29, less than half the number recorded in 2011.

Advertisement

Looking at fDiMarkets' figures from 2003 onwards, The industrial machinery, equipment and tools sector still lags behind software and IT services, which has been the most popular sector for inward FDI to Brazil in this time. Software and IT services has recorded a total of 277 FDI projects, compared to the 184 projects recorded in the industrial machinery, equipment and tools sector. But 2011 was the first year that more FDI projects were recorded in the Brazilian industrial machinery, equipment and tools sector than the software and IT services sector.