Chamber News
Posted On 2/14/2017
Mayor of Sao Paulo, Brazil calls on Emirati companies to boost their investments in the city’s infrastructure

His Excellency Mohamed Helal Al-Muhairi, Director General of the Abu Dhabi Chamber of Commerce and Industry, received His Excellency Joao Doria, Mayor of Sao Paulo, Brazil, at the Chamber’s Tower in Abu Dhabi. His Excellency Paulo Cesar Meira de Vasconcelos, Ambassador of Brazil to the UAE, attended the meeting.
Al-Muhairi welcomed the Mayor of Sao Paulo saying that his visit is a unique opportunity to expand economic and investment cooperation between companies in the UAE and Brazil. He pointed out that Brazil is one of the most important trade partners to Abu Dhabi and the UAE. “Besides, economic capabilities and natural resources of the two countries enables both sides to expand their joint investments and increasing Emirati investments in Brazilian markets, which are enormous markets and offer unique and unlimited opportunities,” he said.
Al-Muhairi emphasized that there is increasing interest by Emirati companies operating in Abu Dhabi to increase their investments and presence in Brazilian markets within their awareness to benefit from the available investment opportunities, especially in the sectors of infrastructure and food production. He added that the Abu Dhabi Chamber encourages investors and companies in Abu Dhabi and the UAE to enter Brazilian markets and invest in them as well as holding joint projects with Brazilian companies within its efforts to provide new investment opportunities to national companies in international markets.
The Director General delivered a presentation during the meeting on the role and responsibilities of the Abu Dhabi Chamber and the services it offers to its more than 100,000 members and to potential investors through the Members’ services Center which forms a competitive environment for businesses in Abu Dhabi.
For his part, His Excellency Joao Doria, Mayor of Sao Paulo, talked about the available investment opportunities in his city, especially the infrastructure projects south of Sao Paulo which are estimated by billions of dollars. He called on Emirati investors and companies to benefit from such opportunities and increase their presence in the Brazilian markets.