14/02/2014 13:00 – Portal Brasil


The Brazilian state-owned companies have invested R$ 113.5 billion in 2013, a historical record for investments, with cumulative growth of 15.9% over the previous record set in 2012 when R$ 97.9 billion was invested. Over the past 10 years, state investments have almost doubled, jumping from 1.3% of GDP in 2003 to 2.4% of GDP in 2013. This represents a real increase of 205% between 2003 and 2013, from R$ 37.2 billion (restated for 2013) to R$ 113.5 billion. The average annual growth in the last decade is 11.8%.

The Petrobras Group invested R$ 99.2 billion in 2013, an increase of 15.4% compared to 2012, when it invested R$ 85.9 billion. Already the Eletrobras Group have invested R$ 7.2 billion in the year, an increase of 22.5% compared with the previous year: R$ 5.9 billion. The remaining production companies invested R$ 3.6 billion, up 23.9% comparing to 2012 with emphasis on Infraero, which invested R$ 1.6 billion in 2013, an increase of 24.7% compared with the previous year (R$ 1.3 billion).

The federal government financial firms invested R$ 3.4 billion last year, up 9.5% compared with 2012. According to the director of the Department of Coordination and Governance of State Owned Enterprises (Dest), Murilo Barella, the indirect contribution of state of companies to the country is even higher: “In addition to direct investment, there are also investments from the acquisition of credits with public banks. It is a state model that has worked very well”. He concluded: “For their investment capacity and conditions to honor their financial commitments, the State is part of the solution to overcome the difficulties that the world economy imposes.”