announcements between August 2 and August 15, 2021

Investment announcements in Brazil totaled R $ 59 billion between August 2 and August 15, 2021. The Oi-linked company has announced plans to invest nearly R $ 30 billion in the expansion of the fiber-optic network in Brazil. by 2025. | Photo: Daniel Castellano / Arquivo / Gazeta do Povo

About 59 billion reais of productive investments were announced in the country in two weeks, between August 2 and August 15, according to a report by Bradesco. The bank’s Research and Economic Studies Department has located 17 investment announcements over the period, which will run between 2021 and 2025.

The most important announcement was made by V.tal, which concentrates the fiber optic infrastructure of Oi. The company has announced plans to spend 30 billion reais over the next four years to expand the operator’s service network, which could reach 32 million homes.

The second largest disbursement was announced by the government of the state of Rio de Janeiro, which is programming R $ 17 billion between 2021 and 2023 in various projects. One of them is the implementation of 23 kilometers of surface metro in Baixada Fluminense.

The third most important announcement was made by Gerdau, which intends to invest 6 billion reais in the modernization and expansion of its operations in Minas Gerais until 2025.

In the two weeks immediately preceding, a period spanning the second half of July, investment announcements monitored by Bradesco totaled R $ 28.8 billion. In the first half of July, it stood at 66.5 billion reais, according to the bank.

Related Articles

Back to top button