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Brazil attracts record amount of foreign investment in 2011

Foreign direct investment in Brazil reached 50.4 billion dollars between January and September this year, the highest number ever recorded in Brazilian history.

The result of the first nine months of 2011 represents an increase of 123% over the same period last year. Investment between January and September 2010 reached 22.55 billion dollars. The total FDI flow from January to December 2010 reached 48.4 billion dollars.

According to the Central Bank of Brazil, foreign direct investment should surpass 60 billion dollars in 2011. The numbers are considered to be a direct result of the excellent fundamentals of the Brazilian economy.

25 October 2011