Chinese companies invest US$10.8 billion in Brazil between January and October

8 November 2017

Investments by Chinese companies in Brazil totalled at least US$10.84 billion (about 35.3 billion reais) in the period from January to October, according to a study published by the Dealogic consultancy quoted by Brazilian newspaper Folha de São Paulo.

The same study said that the number of acquisitions made by Chinese entrepreneurs saw high growth, as in the first ten months of 2016 there were six transactions, and in the same period of this year there were 17.

The Dealogic analysts said Chinese investments in Brazil should not be affected by the presidential elections of 2018, and even predicted that next year is expected to see a new wave of investments.

This assertion is based on the fact that at least 10 major Chinese groups are currently preparing to enter the market in Brazil, and the main areas of action are renewable energies, railways, ports, mining and pulp and paper.

Daniel Lau, partner-director of KPMG, told Folha de São Paulo that Chinese companies in the transport sector are expected to enter the Brazilian market in the first half of 2018 in order to participate in the auctions of the Partnership Investment Programme, which includes, for example, the railway line known as Ferrogrão. (macauhub)