Abilio says in Paris that ‘Brazil was late in history’, and Wesley announces R$38 billion in investments – 10/13/2023 – Market

Brazilian businessman Abilio Diniz, president of the Board of Directors of Península Participações, stated this Friday (13) that Brazil has the potential to grow, while Wesley Batista, from J&F, said that the country is once again “the hot ticket “.

The statements were made during the 1st Esfera Brasil International Forum, this Friday (13), in Paris.

Abilio once again said, however, that the country lacks ambition. “Brazil was late in history”, says the businessman. “A country with great potential, with everything right, but lacking ambition.”

According to Diniz, investors want more. “We are extremely attractive. In the last year of Lula’s term, we grew 7%, but we lack ambition”, he repeated, without detailing what he considers ambition.

An important actor in the commercial relationship between France and Brazil, for him, the partnership between the two countries is essential for the employability of Brazilians, considering the number of direct jobs generated in Brazil by French companies.

Wesley Batista adopted an optimistic tone. “We believe in Brazil, which is once again the hot ticket,” said the businessman.

When defending Brazilian fiscal stability, legal security and responsibility for environmental issues, the businessman said that J&F will invest R$38 billion in all segments of the group (food, mining, financial, cosmetics) over the next four years. The amount corresponds to more than 85% of everything planned for J&F’s total investment.

According to him, the goal is to create 30,000 direct jobs in Brazil by 2026. “We are optimistic with the direction the country is taking,” said the businessman, highlighting the tax reform, which is being discussed in Congress. In his opinion, the change should simplify the lives of business people.

“There are few places in the world that have as much opportunity as Brazil,” he stated.