Posted on 03/15/2018 12:34:34 AM PDT by Berlin_Freeper
German industrial group Siemens announced plans Wednesday to invest €1 billion ($1.24 billion) in Brazil over the next five years as Latin America's largest economy strengthens its recovery from a painful recession.
The German company said it had signed an accord with APEX, Brazil's Trade and Investment Promotion Agency, committing to a number of projects "to unleash a new cycle of sustainable growth" in the country of 207 million people.
Siemens added it would focus on electrification, automation and digitalization projects in the energy, healthcare and transportation sectors.
(Excerpt) Read more at dw.com ...
Brazil is recovering from its socialism. Very slowly though
Brazil always had potential. Won’t realize it in our lifetime.
“Brazil is the country of the future... and always will be,”
~Charles de Gaulle
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