• Categories
  • Archives

Brazil’s IT Sector Grows Unexpected 8% in 2009

Antonio Gil The IT (Information Technology) sector in Brazil, in 2009, grew “more than could be imagined,” said the president of the Brazilian Association of Information Technology and Communication Companies (Brasscom), Antonio Gil.

Preliminary figures disclosed by the organization show that the sector has grown more than the economy, showing expansion of 6% to 8%.

“Revenues were also robust,” said Gil. He estimated that the IT sector alone, excluding telecommunications, probably had revenues of US$ 65 billion, “which probably makes Brazil the eighth main IT market in the world”. Including telecommunications, sector revenues should reach US$ 140 billion, “representing between 7% and 8% of Gross Domestic Product (GDP)”.

With regard to exports, Brasscom hopes for operations to have reached US$ 3 billion, growth over the US$ 2.2 billion exported in the previous year. Antonio Gil pointed out, however, that the volume “is still small as against the US$ 50 billion in exports [of software and IT services] by India”.

Antonio Gil informed that the sector tendency is for dislocation towards the interior of the country, specially the Northeast. Sites like Recife, Salvador, Campina Grande and Fortaleza, as well as Curitiba and the interior of São Paulo, are attractive.

“The Brazilian competence is fully diffused around the country. But, in the interior, there is great interest in attracting companies in the sector,” he said.

Several city halls have been seeking Brasscom interested in hosting IT companies. With this purpose in mind, they offer benefits, like lower services rendered tax (ISS) and property tax (IPTU), “sometimes even placing facilities at the disposal of companies interested in establishing themselves there. So, you can have great development outside large centers like Rio de Janeiro and São Paulo, which are very expensive,” added Gil.

ABr

Tags:

  • Show Comments (1)

  • IT Services

    I think IT should continue to provide a high level of service, become a trusted advisor to the business and ultimately become a broker of IT services from multiple sources.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil Anticipating US$ 35 Billion in Foreign Direct Investment This Year

According to the projection of the Central Bank of Brazil, the country should receive ...

São Paulo, Brazil, Goes on a Shopping Spree

Paulistanos, the residents of São Paulo city, Brazil, have great plans for consumption in ...

Brazil Close to a Deal on AIDS Drug with Abbott

Brazil continues to negotiate AIDS drug prices with multinational pharmaceutical laboratories. At the moment, ...

Despite Record Beef Exports Brazilian Cattle Ranchers Can’t Make a Profit

For the third consecutive year, Brazilian cattle ranchers had a loss of revenue, in ...

Value of Brazil Companies Up 130% in 2009. Compare this to 28% in the US

The aggregate value of Brazilian listed companies rose by almost 130% in 2009, according ...

Brazilian Ecotoilet Makes Waste into Fertilizer or Mortar

Brazilian inventor Mário Benedito da Silva, from Porto Velho, in the Brazilian northern state ...

Brazil Wants Indians in College

The Ministry of Education (MEC) is encouraging Indian students to acquire higher education, so ...

Listening to the Heart of the Jungle

There would be the occasional scream from one of the girls who saw a ...

Brazilian General Sees Reasonable Stability in Haiti

19 days in charge of the United Nations Stabilization Mission in Haiti (Minustah), Brazilian ...

Brazil, World’s Top Bovine Herd and Top Gelatin Storehouse

Brazil has the greatest commercial bovine herd in the world, there are about 195 ...