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Brazil's Capital Goods Sector will Invest R$ 2.7 Billion (US$730 million) in 2019, an Industrial Info Market Brief


Industry Segment: Industrial Manufacturing | Word Count: 133 Words
Attachment: Brazil

The Brazilian Association of Machinery and Equipment Industry (Abimaq), conducted a survey among its members about the amount of resources they intend to invest in 2019. The study found that the total to be invested is Reais (R)$2.76 billion (US$730 million) up 30.1% from the R$2.12 billion (US$570 million) made last year, which reveals the optimism of the sector with the prospects of economic change.

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