Travel Log : "Mas, Mas que Nada..."
Oooooh, ari rai, ooooh, oh bah o bah o bah , mas que nada....Late Wednessday we made a U-turn and swapped grey Sao Paolo for Rio. And the state of Rio has it all, key area and vital for the future of Brazil.
"Ordem e Progresso"is the motto featuring on Brazil´s national flag. Over the past decade, progresso came from lifting underdeveloped social classes (E and D) towards the middle class (C and B) by governmental measures. And this has been one of the key differences with China for instance. China has made tremendous efforts on the front of infrastructure investment at the detriment of stimulating consumer demand. Brazil has come to grips with this and is now focusing on public investment in the South East of the country, responsible for 75% of GDP creation. A teaser is the super port of Açu, 60 miles north of Rio. The port area is 2.5 times the size of the Isle of Manhatten and will be vital for energy and commodity logistics :
Mas, mas que nada...Brazilians have not yet reached the living standard of the West but as they had virtually nothing in the past, they now have more. And more important : a future waiting for them. Hopefully the future wealth will be shared across all income categories. Meanwhile, I hope Jesu Cristo Redentor will keep on watching over Rio, its friendly inhabitants and last but not least, the girl from Ipanema.