MEXICO CITY (AP) – Mexican billionaire Carlos Slim said Monday that his companies plan to invest $8.3 billion in 19 Latin American countries, mainly in Brazil and Mexico.
Slim, considered the world’s richest man with an estimated fortune of $53.5 billion, said he will put about $2.5 billion into Brazil — the region’s largest market — and invest $3.7 billion in Mexico.
Part of the Mexico outlay includes about $1.6 billion in America Movil, Latin America’s largest phone service provider. Another $2.1 billion will go toward Slim’s other retail and construction businesses in Mexico, including $1.1 billion in his infrastructure company, IDEAL.
Most of the Brazil investment will be in the telecommunications area, he said. The remaining funds will be invested across the region.
Slim told reporters during a three-hour news conference that he hopes his …
Study Shows Brazil’s Investment in International Cooperation Projects Over $1.4 Billion
January 25th, 2011The Brazilian government invested over US$ 1.43 billion in international aid and cooperative projects between 2005 and 2009, as confirmed by the results of a survey conducted by Brazil’s Institute of Applied Economic Research (IPEA). The study reveals that the value of these investments nearly doubled from US$ 158.0 million in 2005 to over US$ 362.0 million in 2009.
The majority of the dollars invested were allocated to international organizations and regional banks, which received 76.1 percent of the total investment; 14 percent was allocated to international humanitarian aid and projects to promote technological innovation; and 10 percent to scholarships.
Countries in Latin America and the Caribbean were the top recipients of the resources, receiving 76 percent of total humanitarian aid and 35 percent of the total funds invested to promote technological innovation. Notably, the results reveal that investment in international humanitarian aid and projects to promote technical innovation appreciated significantly, from …
By Ann R. Harts and John R. Roberts III
It’s never easy to figure out exactly what decision makers in contact center site selections might be thinking or what issues they deem most critical. This is especially true in today’s ever-changing economic environment. However, one thing is certain, fundamentals still matter!
Decision makers need to free up “bandwidth” to deal with this dynamic economic environment. The old adage, “you only get one chance” has never been truer than in today’s fast-paced economic development world. (Scroll to bottom of post to read Ann and John’s “Must Dos” for Latin America Economic Development Agencies.)
