Brazil: Industrialization and growth with excellent prospects for welding and joining technology
Brazil is booming: Being an exhibitor at the BRAZIL WELDING SHOW 2013 means participating in the enormous potential of the market.
In the sixth largest economy in the world, all signs point to growth. In 2011, Brazil’s economic output rose by 8.2%, and the statistics recorded peak values for foreign trade, investment and the employment rate.
The prospects for 2012 and 2013 are also very positive. A broad industrial structure and good labor market data also form a stable basis for the country’s future economic expansion.
There are great opportunities for suppliers of welding and joining technology, especially due to the enormous investment volume planned in a wide variety of industries. According to BDI, over 2.8 trillion euros are to be invested in infrastructure, logistics and construction projects by 2030. Airports, roads, rail networks, ports and waterways are just as much a part of it as the energy sector with 44 oil and gas projects. The expansion of the infrastructure is also being accelerated with a view to the major events of the Football World Cup in 2014 and the Olympic Games in 2016. The market for onshore and offshore equipment and engineering services is more in demand in Brazil than ever. Associated with this are the construction, development and operation of pipelines, for which, in turn, high-quality welding and joining solutions are required.