January 26, 2010
Please click on each headline for this week's top stories!
Brazcan portal is a unique, online business tool providing users with access to profiles of the leading business and government organizations in Brazil and Canada. Through www.brazcan.org , users looking for resources involved in Brazil-Canada trade and investment will have access to profiles and contact information of consultants, accountants, customs brokers, transportation and packaging, lawyers, translators and interpreters, media and government agencies. The portal also links to extensive market research both on Canada and Brazil, and showcases trade and investment opportunities.
To find out how www.brazcan.org can transform your regions market intelligence please contact Brazcan project coordinator at 416-364-3555 or alternatively at bccc@iecanada.com
Trade Missions, Seminars and Other Events
"International Conference on Computer and Instructional Technology"
Rio de Janeiro, Brazil
March 29-31, 2010
The International Conference on Computer and Instructional Technology aims to bring together academic scientists, leading engineers, industry researchers and scholar students to exchange and share their experiences and research results about all aspects of Computer and Instructional Technology, and discuss the practical challenges encountered and the solutions adopted.
"WEB ExpoForum- Brazilian Internet Market"
Sao Paulo, Brazil
March 17-19, 2010
The Consulate General of Canada in São Paulo
is pleased to invite Canadian companies to participate at the forth
edition of WEB ExpoForum, one of the leading events on the Internet
Market in Brazil, which will take place in São Paulo from March
17 to 19, 2010. This three-day event brings together key Brazilian
executives that use the opportunities created by Web 2.0 in a broad
array of areas: Technology, Creativity, Communication, Innovation,
Education, Business and Digital Marketing. You will find more details
about the event, attached to this message.
There are no costs associated to the participation, however participants
are responsible for their own travel costs and logistics.
This might be a good opportunity for companies in this sector who have
shown interest in the Brazilian market and were looking at a chance
to visit and develop their local networks. The Canadian Consulate will
have a "meeting point" type of booth where participants will
be able to introduce products and services to the Brazilian market
as well as to meet key influencers in the internet sector. In addition,
we will be happy to provide assistance to arrange other activities
and meetings tailored to the participant's needs, during their stay
in Brazil.
Interested companies are invited to contact us directly (fernanda.whitaker@international.gc.ca)
before February 5th, 2010.
Country News
1. Greenergy Forms Brazilian Ethanol Joint Venture
2. Brazil's Economy ' More Sustainable' Than China, Mobius Says
3. Lula da Silva Announces Campaign to Promote Protege Dilma Rousseff
4. Brazil's Odebrecht Considers Investment in Angolan Petrochemical Sector
5. CCR Open to Partnership for Rodoanel Sul, Leste Concession - Brazil
Country News
Greennergy
Forms Brazilian Ethanol Joint Venture
(Reuters)
UK biofuels supplier Greenergy International said on Monday it has formed
a joint venture with French sugar and ethanol group Bauche to source
and sell sustainable Brazilian ethanol in the European market. Greenergy,
the leading importer of Brazilian bioethanol into Britain, will have
a 70 percent stake in Sao Paulo-based Greenergy Brasil and Bauche the
remaining 30 percent.
The new venture has been prompted by the expected imposition of rules
in late 2010 or early 2011 under which biofuels producers will incur
a penalty if they cannot show their fuel complies with social and environmental
standards.
For the full story, click here
Brazil's Economy ' More Sustainable' Than China , Mobius Says
(Bloomberg)
Summary of original article by Anuchit Nguyen
Brazil’s economy is “more sustainable” than China’s because its exports of raw materials from metals to crops make it more resilient, investor Mark Mobius said.
The valuation of the benchmark Bovespa stock index “is not excessive,” Mobius, chairman of Templeton Asset Management Ltd., told investors in Bangkok today. The gauge trades at 13.2 times estimated earnings, compared with 17.9 for the Shanghai Composite Index, according to data compiled by Bloomberg.
“Brazil’s economy is more sustainable because they don’t have to import anything. China has to import oil, iron ore and foods,” said Mobius, who oversees $34 billion of developing- nation assets at Templeton Asset. “Brazil is in a situation where it has tremendous resources. Not only mineral resources, but agricultural resources."
For the full story, click here
Lula da Silva Announces Campaign to Promote Protege Dilma Rousseff
(MercoPress)
With less that a year for presidential elections Brazilian leader Lula da Silva announced a spree of “public works inaugurations” until April, with the purpose of promoting the candidacy of his cabinet chief Dilma Rousseff.
“I will inaugurate all possible public works, which are many, before April” because by then “Dilma will no longer be in government” and will be barred from participating in these kind of events.
In Brazil all government officials with aspirations for the coming 3 October election must resign their posts by April. Therefore Lula da Silva’s statement that he will be promoting and opening as many government-sponsored works as possible.
For the full story, click here
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Brazil'
s Odebrecht Considers Investment in Angolan Petrochemical Sector
(MacauHub)
Brazilian group Odebrecht is analysing the possibility of investing in a petrochemical project in Angola, the group’s chief executive told Brazilian newspaper Estado de São Paulo.
“It is a project that is still at an embryonic stage, but I can say that it has conditions to be viable,” said Newton de Sousa.
The CEO of the group noted that if the project went ahead it would be the responsibility of Braskem, an Odebrecht group subsidiary.
For the full story, click here
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CCR Open to Partnership for Rodoanel Sul, leste Concession - Brazil
(BNamericas)
Brazilian tollroad operator CCR is open to developing a partnership to bid for the concession of the Sul and Leste stretches of the Rodoanel Mário Covas beltway surrounding São Paulo city, national cargo transport association ABTC reported in a release.
The size of the project means a partnership makes sense, according to Arthur Piotto Filho, CCR's financial investor relations director. The winner of the concession will need to invest 5.04bn reais (US$2.76bn) during the 35-year concession. Of this, 80% will go toward the construction of the eastern stretch.
According to industry sources, CCR has already been approached by Brazil's FI-FGTS, an infrastructure fund managed by federal savings bank Caixa Econômica Federal (CEF)
For the full story, click here
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Disclaimer - BCCC Bulletin is provided as an information service to our members and key contacts. It is designed to provide the most up-to-date trade information from a variety of sources. The information we feature does not necessarily reflect the Chamber’s opinion on a given international trade issue. Although we endeavour to disclose accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. The Brazil-Canada Chamber of Commerce cannot assume any responsibility for actions taken solely or principally on the basis of information provided.