Urgent.News

What's breaking now, across thousands of outlets.

Business

Brazil’s Espírito Santo seeks business with Arabs

Patrícia Gouvêa, CEO of NOVA ES, spoke to ANBA about the state’s efforts to attract investment and create business opportunities between companies in Espírito Santo and Arab countries. The post Brazil’s Espírito Santo seeks business with Arabs appeared first on ANBA News Agency .

Brazil’s Espírito Santo seeks business with Arabs

São Paulo – Brazil's Espírito Santo state is seeking to attract business from Arab countries, according to officials from the state's investment promotion agency, NOVA ES. The agency visited the Arab-Brazilian Chamber of Commerce in São Paulo to discuss strategies for fostering closer ties between companies in the two regions. While the primary goal is to attract investment from Arab countries, NOVA ES CEO Patrícia Gouvêa emphasized that the state also aims to support initiatives that can generate economic development for the local population.

Gouvêa noted that the state is interested in attracting companies that could process commodities such as coffee, which is a major agricultural product in Espírito Santo, to enter regional and international markets with added value. She also highlighted the state's focus on energy transition and decarbonization, with a target to reach net-zero emissions by 2050.

NOVA ES is planning to invest in logistics infrastructure, including two major port complexes, to support the state's economic development. The agency plans to partner with the Arab-Brazilian Chamber of Commerce to sign a memorandum of understanding and create a joint action plan focused on the Arab world.

Written by urgent.news from ANBA News Agency's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at anba.com.br →

More in Business

Shinkansen Takes on Overnight Travel

Night trains are making a comeback across Japan, with railway operators introducing new overnight services and even experimenting with overnight Shinkansen trains as demand grows for alternatives that…

More from Thursday 3 September →