The Microsoft 2017 Imagine Cup in Fortaleza this spring will bring the best of Brazilian technology talent to the city. The four day event will also place Fortaleza firmly on the world for technological innovation and reinforce the state’s commitment to high-tech.
The latest Ceara economic news shows the state performing well on a number of key fronts. These include tourism, retail, car sales, exports and wind energy. Analysts believe these indicators bode well for continued strong performance in 2017.
2017 will see more investment in Pecem Port as this key industrial area in Northeast Brazil continues to register record figures.
The property market in Ceará in Northeast Brazil has always followed a slightly different track to the rest of Brazil. Property in Fortaleza, the capital, grew faster than the majority of Brazilian cities prior to 2016 and this year, property prices have continued to grow.
Foreign investment in Ceará continues to pour in this year. The latest multinational drawn to the region by its strategic location is a Chinese-backed electrical company. This is the first of several planned investments and brings welcome capital and employment opportunities to the state.
The recent investment and expansion of Ceará free trade zone has attracted the attention of world experts. Pecem Port has just received one of the top accolades in the annual Global Free Zone awards. This combined with a significant uptick in handling at the port this year firmly places Pecem Port on the world map for trade.
When it comes to foreign investment, tourism and real estate, some regions of Brazil are moving faster than others. This is certainly the case in Ceará, Northeast Brazil, a state registering high volumes of investment and buoyant business tourism figures.
The Brazilian property market produced a set of very positive figures in July proving the scenario for real estate generally is back on track.
The latest arrivals of new investment in Ceará mean the state is set to lead Latin America and add R$1.1 billion to its GDP over 30 years.
After major expansion of infrastructure at Pecem Port, one of the largest in Brazil, the export-import facilities are set to record major increases. As Pecem Port grows larger and handles more cargo the demand for property in this part of Northeast Brazil expands.
Any world-class sporting occasion opens the door to holiday let opportunities for homeowners in the host city. The 2016 Olympics are no exception and as Brazil gets ready for this unique event, Rio de Janeiro properties are cashing in by offering accommodation to tourists attending the Games.
The installation of a large coconut processing plant is set to boost the local economy in Ceará. The plant will create thousands of jobs as well as push up demand for property in the area. This BRIC Group news article provides the full picture.
Brazilian holidaymakers and rental property owners have embraced holiday lets so much that the number of properties available and the number of people using them have increased dramatically over the last few years. With the Olympic Games on the horizon, Brazilian holiday lets have never been so popular as this news article by BRIC Group explains.
After an excellent start to the year, Ceará tourism continues on its upward trend. Record number of visitors arrived in the state during the Easter holidays and a new daily flight to Sao Paulo offers additional opportunities for tourists to access this part of Northeast Brazil, as this BRIC Group article explains.
Optimism surrounds the Fortaleza property market based on the city’s pent-up demand and lack of supply, a situation that contrasts with many other cities in Brazil. This conclusion was reached by some of Fortaleza’s most prominent business people in a recent interview published in O Povo newspaper. This latest BRIC Group news article provides a summary.
With less than three months to go before the Olympic Games in Rio de Janeiro, Brazil is preparing for one of the world’s biggest sporting events. An essential component of the Games is the arrival of the Olympic torch, due to set foot in the state of Ceará in early June where it will spend three days. As this BRIC Group news article reports, in the capital Fortaleza, where locals have just celebrated the city’s 290th anniversary, preparations are well underway.
