Brazil, the First Choice in Latin America for Oversea Investors in 2011
The report of Economic Commission for Latin America and the Caribbean (CEPAL) indicated, Paraguay was the only country with a reduction of direct oversea investment among Latin America and the Caribbean in 2011, the value reaching about USD149 million, down 20% compared to USD228 million in 2010, among which the US is the largest oversea investor. The main investing sector targeted by the oversea investors in Paraguay is trading, accounting for 37%.
The CEPAL pointed out, the total value of the direct oversea investment in Latin America and the Caribbean amounted to USD153.448 billion in 2011, increasing 27% compared to USD120.8 billion in 2010. Though the uncertainty towards the global market remains, the area is still an attracting pie for numerous oversea investors. It is expected the overall area will keep a rapid acceleration of the direct oversea investment growth rate.
The report also stated that Brazil ranked first in the 2011 list of direct oversea investing country, reaching an investing value of USD66.66 billion, occupying 43.8% of the total investing value among the area, followed by Mexico (USD19.44 billion), Chile (USD17.299 billion), Columbia (USD13.234 billion), Peru (USD7.659 billion), Argentina (USD7.243 billion), Venezuela (USD5.32 billion) and Uruguay (USD2.528 billion), among which Brazil, Chile, Columbia, Peru and Uruguay all broke their records.