Open AccessCHALLENGES FACED BY FOREIGN INVESTORS IN THE BRAZIL’S ENERGY SECTOR
Author(s) -
Fernanda Torres Volpon,
Luciene Machado
Publication year - 2018
Publication title -
panorama of brazilian law
Language(s) - English
Resource type - Journals
ISSN - 2318-1516
DOI - 10.17768/pbl.v4i5-6.p347-375
Subject(s) - energy sector , business , foreign direct investment , investment (military) , energy (signal processing) , market economy , finance , international economics , economics , economic system , political science , macroeconomics , politics , statistics , mathematics , law
The Brazilian energy sector suffered constantly changes during the past years. The process of transformation looked for a competitive market aiming funds to develop infrastructure in Brazil. Foreign investment is necessary to develop and strengthen the energy market, but the sector still present some challenges to be faced by the foreign investors. As consequence, some questions shall be raised in connection with the real effectiveness of mechanisms imposed to foreign investment at its entrance in the Brazilian energy sector. Does the Brazilian legal framework provide legal certainty to the foreign investors interested in investing in the energy sector? The objective of this article is to provide an overview of reform made to the energy market and current hindrances to the investor’s entry in such sector.