The purpose of this study is to analyze the investment environment of Brazil's northeast region which has received a great deal of attention recently for its potential. Suggestions are made for Korean companies seeking to expand investment.

This report consists of six chapters as follows:
The study begins with an introductory chapter, followed by chapter two that provides an outline of the economy of the northeast region of Brazil from four different perspectives: geographic, economic, industrial and trade structure.
In chapter three, the investment environment of the region is closely analyzed, with focus on the government's investment promotion policy and its system, labor market, infrastructure, and market potential.
Chapter four looks into the current situation regarding the expansion of foreign companies into this region and their strategy. In particular, companies from China, Japan, and France are closely examined; eliciting implications for Korean companies.
Chapter five introduces promising businesses with good prospects for success. These businesses were discovered after an in-depth analysis of the diverse development plans for the region, such as the Regional Development Plan for the Northeast Region (PRDN), PAC-2(Growth Acceleration Program 2), and those plans related to the 2014 World Cup.
Lastly, in chapter six, analyses in previous chapters are combined and provides suggestions for Korean companies seeking to make inroads into Brazil's northeast region. This chapter develops a SWOT analysis on the investment environment of this region after examining the state of Korean investment in Brazil and investor performance. Some practical measures are also suggested at the corporate and government level.
Suggestions at the corporate level include: ① entry strategy based on classification of investment purposes ② active participation in government projects ③ diversification of investment regions ④ expansion strategy tailored to regional characteristics and ⑤ collaboration with local companies. As for suggestions at the government level, they include: ① enhancement of institutional cooperation with local governments ② expansion of Knowledge Sharing Programs (KSP) ③ establishment of the Korea-Brazil economic cooperation center ④creation of exclusive industrial complex for Korean companies.