The president of the Industry Federation of the State of Rio de Janeiro (FIRJAN), Eduardo Eugenio Gouvêa Vieira, said that Brazil is undergoing a renewal process, and that it needs to attract investment to the country to aid the resumption of economic growth.

The statements were made after a lunch offered by the entity in Goa, India, which was also attended by President Michel Temer.

“The meeting aimed at encouraging investment and also ratifying the support to the main line [of objectives] the government is having the courage to move forward with. Proof of that support was the approval of the spending cap in the first round of voting this week. We are rebuilding the country, and we need to do so together," said the head of FIRJAN.

Stabilisation of the economy

The series of bilateral meetings the government and Brazilian businessmen have been holding in the US, Europe and Asia is an important step in recovering the confidence of foreign investors in the country, Gouvêa Vieira assessed.

“We did similar things in Shanghai recently, are now here in India, and will then follow on to Tokyo to show how Brazil has changed, that Brazil needs to be inserted in the world, that Brazil is building stable rules, and that we need foreign investors for our development ", he emphasised.

PPI

The Investment Partnership Program (IPP), created by the government to expand and strengthen the relationship between the State and the private sector, has also been presented to foreign investors.

The main objective is to generate jobs and growth for the country through new investments in infrastructure and privatisation projects.

"We have a major programme for infrastructure concessions.

[Potential] concessionaires need to understand that Brazil has changed, and that it does not want to overprotect, and evidently they need to see Brazil as a stable and democratic country," said the president of FIRJAN.