Tag #Brazil Economy

What are the immediate economic and social impacts of ADIG's €16 billion investment in Brazil?

The Abu Dhabi Investment Group (ADIG) plans to invest €16 billion in Brazil, focusing on raw materials, infrastructure, and agricultural projects. This includes initiatives to improve the Baixada Fluminense region near Rio de Janeiro, addressing housing and transportation challenges for its three million residents. Initial investments of around $2.5 billion have already been made in research and energy transition.