Germany Discusses Investment In Brazil In Defense, Energy And Infrastructure

The German Minister of Economy, Rainer Brüdele, said that his country is considering expanding its investments in Brazil and has particular interest in the areas of defense, energy and infrastructure.

“Brazil bets on renewable energy and high technology, engineers must first and if we work together we can go further and make a contribution to development,” said Brüdele in a news conference with Brazilian Minister of Development, Industry and Foreign Trade, Miguel Jorge.
According Brüdele for your country is important to “diversify” its business operations, especially given the impact it still has the global financial crisis in the European Union (EU).

“The crisis is not over and, in this context, cooperation is even more valuable, because we focus on a stable currency, but we are still problems in the euro area,” he said.
The German minister added that, in addition to resolving the current difficulties, it is also necessary to define comprehensive measures to prevent a crisis of this size happen again.
“The domino effect cannot be repeated,” he said.

Brüdele said that German investment in the first South American economy could be directed to the areas of defense and energy, but also to transport and infrastructure, especially in view of the celebration in Brazil’s World Cup and 2014 Olympic Games Rio de Janeiro in 2016.
The minister presented tomorrow in Sao Paulo project “German House,” a traveling exhibition on technologies that combine energy efficiency and renewable energy in the construction industry.

Over the next year and a half, the “German House” will be exhibited also in Montevideo, Buenos Aires, Asuncion, Santiago de Chile, Santa Cruz, Lima, Quito, Bogota and Caracas, San José de Costa Rica, Guatemala and Mexico City.