Brazil: 240 Portuguese companies set up in Ceará state since 2003

9 June 2008

Fortaleza, Brazil, 9 June – Portuguese businesspeople have set up over 240 companies in the Brazilian state of Ceará since 2003 and invested over 300 million reais in shareholdings alone, according to a study from the Brazil-Portugal Chamber in Ceará.

Coordinated by the president of the Council of Portuguese Chambers in Brazil, Rômulo Alexandre Soares, the result of the study “Lusophony in two themes: Investments and the Portuguese Market” was presented Friday in the Chamber of Store Managers – CDL, as part of the Portugal Day celebrations in Ceará.

The study also showed that real estate tourism and the energy sector continued to be the most important sectors in terms of investment by Portuguese businesspeople.

The study showed that there was an important relationship between tourism and foreign investment. (macauhub)