Prosperity Fund: Brazil 2016 Bid Round is now Open

Proposals in the areas of Business Environment, Education, Health, Infrastructure and Low Carbon & Energy are welcome.

The UK Government’s Prosperity Fund has just announced its 2016 Brazil initiative:

Prosperity Fund

The 2015 Strategic Defence and Security Review announced a £1.3bn Prosperity Fund over the next 5 years to promote the economic reform and development needed for growth in partner countries. Our priorities will include improving the business climate, competitiveness and operation of markets, energy and financial sector reform, and increasing the ability of partner countries to tackle corruption. As well as contributing to a reduction in poverty in recipient countries, we expect these reforms to create opportunities for international business including UK companies. The role of the Fund is also set out in the UK aid strategy, Tackling Global Challenges in the National Interest.

The Prosperity Fund will form a small but integral element of the UK’s total Official Development Assistance (ODA) commitment of 0.7% of GNI. It will primarily be focused on ODA eligible middle income countries, contributing to poverty reduction and complementing DFID’s work in poorer countries. In this way, the Fund will contribute towards meeting the new Sustainable Development Goals. ODA spend under the Fund will be fully consistent with OECD DAC criteria.

The Foreign & Commonwealth Office’s programme funds seek to create real, measurable outcomes in support of the FCO’s policy goals. Since 2011, the Prosperity Fund has supported the FCO’s Prosperity Priority on opening markets, ensuring access to resources, and promoting sustainable global growth, mainly in the emerging powers.

Brazil Bidding Round

Much of the Prosperity Fund will involve multi-year programmes. As part of the first year of the Fund, initial competitive bidding processes will be administered in a number of countries for project initiatives, where organisations are invited to submit bids to embassies and high commissions for individual projects in support of Fund objectives.

For Further Information Please Click Here 

 

 

Joint UK-Brazil subsea catalogue to encourage partnerships and business in the sector

The Brazilian Ministry of Science, Technology and Innovation – MCTI (responsible for implementing research, development and innovation policies in Brazil) and the British Government are developing a joint UK-Brazil subsea catalogue to encourage partnerships and business in the sector. This initiative is part of a Offshore Technology project between MCTI and British Government in Brazil and will contribute to further links between both countries.

We hope to include profile from UK companies, universities and research centres with activities in the subsea sector.

The inclusion of profiles in this catalogue is free of charge.

If you are interested in participating please fill in the form (attached) and send it completed to Marcio Couto (marcio.couto@fco.gov.uk) before 2 December. The plan is for this catalog to be launched over Subsea 2016 Expo in February in Aberdeen.

Please Click Here To Download The Form

Northern Powerhouse: Aerospace Trade Mission to Brazil

You are invited to join the Northern Powerhouse aerospace sector mission to Aerospace Meetings Brazil 2015. This business mission will focus on supply chain, partnerships and collaboration on technology and innovation.

As part of the programme, we are organising a separate Technology day at Embraer for UK companies to connect with Embraer teams from engineering, procurement, supply chain and R&D. This is a must attend opportunity for the aerospace industry.

The programme will also include attendance at Aerospace Meetings Brazil 2015 organised by BCI Aerospace (http://brazil.bciaerospace.com/) in São José dos Campos. The event will allow participating companies to access workshops and pre-arranged B2B meetings.

Please Click Here For Further Information

 

 

 

Global Sports Mission to Rio, 3-7 August

Building on the legacy of London 2012 and Glasgow 2014, this mission will focus on procurement opportunities for the Rio 2016 Olympic Games.

UK participants will have the opportunity to meet with key local stakeholders such as the Rio 2016 Organising Committee, Games brands and sponsors; as well as relevant Brazilian and UK companies in market.

For Further Information Please Contact  philip.gray@brazilbusinesshub.com or david.beattie@brazilbusinesshub.com

Interested in Supplying into the Brazil Oil & Gas sectors?

Then come and meet Chris Wall on Thursday 12th March.

 

Chris Wall is the Business Specialist, UK Trade & Investment, Brazil An experienced and respected international trade consultant, Chris has held senior positions in export sales development since 1988. Based in Brazil for five years, Chris was responsible for the development and implementation of export strategies in Brazil and Europe. A fluent Brazilian Portuguese and Spanish speaker, Chris has supported UK companies in Brazil market development, mentoring senior management, and facilitating high level contacts with local partners. Chris is a Member of the Institute of Export, holds a degree in Latin American Studies from Essex University, and has held the position of Honorary Consul for Brazil in Manchester since 1997.

Time slots are limited and will be allocated on a first come, first served basis. Please contact david.beattie@brazilbusinesshub.com to book your time slot. There is no charge and the meeting will last initially for thirty minutes

New Business Hub Helps U.K. Exporters Set Up in Brazil

SÃO PAULO, BRAZIL – Despite forecasts of a difficult year for Brazil’s economy, a business initiative, Brazil Business Hub, was launched last week in the United Kingdom to assist companies which want to export to Brazil and tap into the largest economy in South America and one of the largest in the world.

“We are looking at Brazil for the long term in context with other major partner countries such as China and India,” says Philip Gray, director of the Brazil Business Hub. “In our view the current economic troubles are simply part of normal international business and don’t affect the attractiveness of Brazil as a long term partner.”


To read the full article please click here

Brazil could auction off airports to current holders, minister says

SAO PAULO, Brazil – Brazil may auction licenses to improve and operate as many as 11 airports to private investors as part of a broader plan to revamp privatization rules in the industry, Civil Aviation Minister Eliseu Padilha said on Thursday.

In the process, the government could scrap a rule forbidding investors who currently own a license from participating in new airport auctions, Padilha told Reuters. Officials are trying to gauge whether the number of individual license holders is big enough to guarantee competition, he said.

The veto “could be reviewed,” Padilha said. “The question is how many players we need to ensure the industry will be competitive. We have yet to reach an answer to that.” His remarks underscore President Dilma Rousseff’s efforts to team up with private investors to improve the country’s poor and ageing infrastructure. Growth in Brazil, Latin America’s largest economy, has been sluggish for the past four years, chiefly because of growing supply bottlenecks in transportation, telecommunications and logistics.

Two years ago, Rousseff auctioned several airports, which analysts dubbed highly successful at the time. The sale of concessions to improve and operate more airports could help raise investment in Brazil at a time when a quickly expanding budget deficit has crimped the government’s ability to build out infrastructure.

Padilha declined to give the name of potential airports that could go on the block, although he mentioned that the southern city of Porto Alegre could be a candidate.

For the Porto Alegre airport, the license could be pegged to the construction of another facility to meet future demand, Padilha said.

– See more at: http://news.asiaone.com/news/world/brazil-could-auction-airports-current-holders-minister-says#sthash.0dN64qRC.dpuf

Brazil Business Hub to get more manufacturers exporting to growth nation

The Brazil Business Hub aims to be a “one-stop shop” offering firms a range of support to drum up business in the world’s seventh largest economy.

 

A new business hub has been set up to get more Midland engineering and manufacturing firms trading with Brazil.

The Brazil Business Hub aims to be a “one-stop shop” offering firms a range of support to drum up business in the world’s seventh largest economy.

The project is a partnership initiative between UK Trade & Investment (UKTI), trade association the GTMA and Commercial Doctor, a specialist consultancy with extensive experience in helping companies break into the Brazilian market.

The hub is being launched on January 29, at the GTMA’s Manufacturing Resource Centre, in Alcester, Warwrickshire.

UKTI regional director Paul Noon said the Brazilian way of doing business can be challenging for British firms due to bureaucracy, a complex tax system, employment legislation, under-developed infrastructure and language challenges.

He said: “Brazil is now one of the major opportunities alongside China, India and the USA, for companies looking to expand into world markets. However, Brazil is not a place to make a quick sale. Doing business in Brazil takes time, understanding and perseverance.”

The hub will provide a gateway to UKTI’s services including the Passport to Export programme for new exporters, Gateway to Global Growth, for more experienced exporters and the Overseas Market Introduction Service (OMIS), which puts firms in contact with key contacts overseas.

Several major UK engineering businesses are already present in Brazil including JCB, IMI, BAE Systems, Babcock, Rolls Royce as well as Jaguar Land Rover which is currently setting up a manufacturing plant in the State of Rio de Janeiro.

A West Midland firm which is already reaping the benefits of doing business in Brazil is Staffordshire company Tractive Power, which specialises in battery-powered electric vehicles designed to push, pull and manoeuvre loads of up to 50 tonnes.

The company recently won an order from a major Brazilian aeroplane manufacturer worth £8,000.

Philip Gray, managing director at Commercial Doctor said: “A key tip for doing business in Brazil successfully is to foster personal relationships – the human element is crucial in Brazilian business culture. We are looking forward to sharing our expertise to help firms in the UK succeed in Brazil.”