Brazil: Spain leads ranking of foreign investors.

South American Business Information, November, 1999

A study by Sobeet institute showed that Spain has consolidated its position as the largest European investing country in Brazil. Total foreign investments in 1999 were US$11.93bil of which US$27.5bil direct investments. US lead as investing country with 30% or US$32.62bil, followed by Spain with US$9.26bil or 8,28%, followed by Germany with 9, 05% or US$9bil.

The aggressive presence of Spanish investors in Brazil is a new fact in the capitals market, and reflects the role of Brazil as the key country in Latin ...