In a lecture to more than 150 businessmen and American and Brazilian investors, gathered at the Yacht Club of New York, Jose Sergio de Oliveira Machado said a very powerful statement which in its wake holds a very bright future for Brazil. Mr. Sergio Machado had said, “The world that will emerge from this crisis is another. And in this map, Brazil has a privileged place."
Invited by the Brazil-United States Chamber of Commerce to talk about the renaissance of the Brazilian Naval Industry, Sergio Machado said that an emerging country like Brazil, which has adjusted its economy and prepared for a rapid development phase on solid foundations, has all the conditions to emerge stronger from the global crisis.
According to the president of Transpetro, the global crisis is a great opportunity. Mr. Sergio Machado said that for those who are prepared, did homework and took some measures, the crisis opened loopholes that can be exploited. In relation to the Program for Modernization and Expansion of the Fleet, which has revived the Brazilian naval industry, resources are secured.
He added that the funding from the Merchant Marine Fund may only be used in the shipbuilding industry. Sergio Machado recalled that the Ship Program, which includes the construction of 49 large ships, came amid a large crisis in the sector. He said that few believed that the program's viability is has changed the face of the shipbuilding industry in Brazil.
Invited by the Brazil-United States Chamber of Commerce to talk about the renaissance of the Brazilian Naval Industry, Sergio Machado said that an emerging country like Brazil, which has adjusted its economy and prepared for a rapid development phase on solid foundations, has all the conditions to emerge stronger from the global crisis.
According to the president of Transpetro, the global crisis is a great opportunity. Mr. Sergio Machado said that for those who are prepared, did homework and took some measures, the crisis opened loopholes that can be exploited. In relation to the Program for Modernization and Expansion of the Fleet, which has revived the Brazilian naval industry, resources are secured.
He added that the funding from the Merchant Marine Fund may only be used in the shipbuilding industry. Sergio Machado recalled that the Ship Program, which includes the construction of 49 large ships, came amid a large crisis in the sector. He said that few believed that the program's viability is has changed the face of the shipbuilding industry in Brazil.
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