DESPITE THE PANDEMIC, 56% OF JAPANESE COMPANIES IN BRAZIL WANT TO EXPAND THEIR BUSINESS
The coronavirus pandemic, which plagues the world and has even partially paralyzed the economy of some countries since the beginning of 2020, will not be an obstacle for Japanese companies installed in Brazil to expand their business here. A survey by JETRO (https://www.jetro.go.jp), an organization that promotes investment and foreign trade of the Japanese government, reveals that 55.8% of Japanese multinationals present on Brazilian lands plan to expand their activities by 2023 .
The number obtained by the survey, carried out between August and September 2021 based on multiple-answer questions, exceeds by 13.3% the 42.5% that had been recorded in the previous survey and represents the highest rate among Latin American countries. included in the study. When asked about the motivation behind the expansion plans and the specific activities to be promoted, 95.2% of the companies indicated an increase in sales in the domestic market and 88.1% indicated that they intend to expand their commercial activities.
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