Brazilian companies expect US$11 in contracts at Luanda International Fair

1 June 2007

Rio de Janeiro, Brazil, 1 June – Brazilian companies are expected to see turnover of some US$11 million at this year’s edition of the Luanda International Fair (FILDA), due to good levels of receptiveness to Brazilian products in Angola, according to forecasts from the Brazilian export promotin agency (APEX).

“The expectation is very good as there is strong demand for Brazilian products from African countries, mainly Angola,” The coordinator of the International Event Unit of APEX, Juarez Leal said in a statements issued in Rio de Janeiro by the agency.

The 24th edition of the Fair is scheduled to take place between July 10 and 15 in the Angolan capital.

According to the organization, around 400 companies from Cuba, Portugal, Germany, France, Spain, South Africa, Namibia, Ghana, Uruguay, China and the Netherlands, are expected to take part in the FILDA-2007, in an exhibition area of 21,000 square meters.

According to APEX, the Brazilian contingent will be made up of companies from the areas of food, construction, machinery and equipment, drinks, domestic utilities, decoration and furniture.

Last year, exports of Brazilian products to Angola totaled US$838 million, made up of mainly sugar, beef, cookies, milk and derivatives, iron and steel, furniture and tractors.

Angola mainly exported oil, aluminum residue, tools and wooden objects to Brazil, totaling US$464 million. (macauhub)