Antonio Jos Rezende de Castro, ambassador of the Consulate General of Brazil in Hong Kong, addresses Brazil Invest 2012. Ma Yi / China Daily

Outstanding Brazilian projects and investment opportunities for foreign investors were showcased at Brazil Invest 2012, held in Hong Kong Special Administrative Region from May 21 to 23.

Senior government representatives and well-known executives from the most-important Brazilian and Asian companies showed the visitors the best vehicles for effective investment in Latin America's leading economic power.

Among them were Antonio Jos Rezende de Castro, ambassador of the Consulate General of Brazil in Hong Kong, and Eduardo Andre de Brito Celino, general coordinator of investments for the Ministry of Development, Industry and Foreign Trade.

Having introduced the Brazilian investment climate, they said that long-term foreign investments are especially welcome to Brazil.

Brazil has shown its capability to achieve not only sustainable growth, social inclusion and environmental advances but also political stability and the strengthening of law and institutions, the ambassador said.

In 2011, Brazil had more investments in Hong Kong than any other Latin American country, and China is now the biggest foreign direct investor in Brazil.

"Hong Kong is the right place for investment promotion, and it's the right time to do so," said Andrew Davis, associate director-general of investment promotion at Invest Hong Kong.

Companies come to Hong Kong not only to find partners from China but from Asia as well, he added.

Over the past 25 years, Brazil has become Latin America's leading economic power, offering foreign investors a wide array of investment opportunities.

Brazil Invest 2012 covered the most profitable investment projects in the sectors of oil and gas, agriculture, mining and infrastructure.

Speakers, such as the general manager of Investment, APEX-Brazil and the commercial director of Eurasian Natural Resources Corporation, shared their ideas in the conference and tried to help and explore the new trends of investment, as well as best strategies for accessing the Brazilian market.

In the three-day event, people discussed how investors can conduct business effectively and legally with local companies in the public and private sector. They also talked about how to successfully adapt to new local government policies and identify innovative investment opportunities in new economy sectors.

Case studies, in-depth training workshops, roundtables and panel discussions have been organized to ensure participants get the practical hands-on information they need at this event.

The investment event was organized by Beacon Events together with Ministry of Development, Industry and Foreign Trade, Apex Brazil, and ENRC.