Investors from Abu Dhabi exploring business in Brazil

HSBC is organizing an investment mission to Brazil by a group of 20 high-profile investors from Abu Dhabi, in near future, to assess the investment opportunities available in the areas of mining, agriculture, food commodities and other sectors.

Gerardo Mato, the Chief Executive Officer of Global Banking Latin American, HSBC is the banker behind this mission.

“Abu Dhabi, which has now stepped in the business of steel and Aluminium industries, wants to learn from Brazil experience and plan to secure the feedstock supply for its future needs,” another banker said.

The investors would also look at opportunities in acquiring farm lands, apart from food commodities, cattle farming and other high growth sectors. Similar, missions could be arranged in future for other Latin American nations, primarily for Brazil and Mexico.

Gerardo Mato said to the Khaleey Times in Abu Dhabi that his bank has got a huge response for its $500 million sukuk issue road show which it organised in January in the UAE, for one of the top three Latin American companies. Without naming the company, and nature of business it engaged in he said: “We were surprised to see the feedback… We didn’t see all the investors. With the 3-4 investors …we already got the deal done,” Mato said.

Published by Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Group. She has a PhD in Economic History and advises companies and investment agencies in international business development.She served as Corporate Relations Director and later, on the board of the Brazilian Investment Analysts Association (APIMEC).

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