Brazil is the buzz word on every savvy investor’s lips

Press release from the issuing company

Monday, June 20th, 2011

At the beginning of this year, the Brazilian Institute of Geography and Statistics (IBGE), reported that the GDP increased a massive 7.5% last year, which is a record high since 1986 and the growth hasn’t stopped there. The economy continued to expand fueled by record-low unemployment and higher wages that allowed families to boost spending.

Brazil's gross domestic product increased by 4.2% in the first quarter compared with the first quarter last year. The latest snapshot of Latin America's largest economy "confirms that the Brazilian economy is in a cycle of sustained expansion, at a pace that is harmonious with internal and external balance," Central Bank President Alexandre Tombini said in a statement. The data also showed that the torrid pace of growth recorded last year carried over into the start of 2011.
Subsequently, Brazil is attracting more and more attention from national and international investors who are keen to jump on the positive-growth wagon.

What’s even better news to Landcorp International is that the north-east has become Brazil’s star economic performer. According to a recent article in The Economist, across the past decade the region’s GDP rose by 4.2% a year, compared with 3.6% for the country as a whole.

Ecocity Brasil, located in Parnaíba in the state of Piauí in the north-east, is destined to become Brazil’s largest eco-friendly resort. Ailse MacFarlane, Managing Director of Landcorp International comments “Brazil has been under the watchful eye of savvy investors during the economic crisis to see how well it would cope and it’s passed the test with flying colours. It used to be unknown territory for investing but is now proving to all that it’s a country with enormous investment potential”.