Brasilia, Brazil, 22 Nov – Brazilian export agency, APEX, plans to open Distribution Centers in China, South Africa and Panama by the end of 2007, the president of the agency said in Brasilia Tuesday.
During a meeting of APEX, which is a branch of the Ministry of Development, Industry and Foreign Trade (MDIC), its president Juan Quirós said that three new countries had been chosen due to their potential for expanding Brazilian products abroad.
The Distribution Centers are facilities that allow for a stock of products of the companies to be kept along with a display area and office for administrative and commercial purposes.
APEX is due to present its Strategic Plan for 2007 to Minister Luiz Fernando Furlan. The plan aims to consolidate Brazilian products with consumers of supermarket chains and departments abroad.
To open new centers and increase the room available on foreign markets for Brazilian products, APEX has outlined a 20 percent increase in investment to 30 million reals in 2007.
APEX already has Distribution Centers in the United States, Portugal, Poland, Germany and the United Arab Emirates. (macauhub)