More NewsLatin American Agribusinesses Require Financing and Expertise to Serve World Markets

Latin American Agribusinesses Require Financing and Expertise to Serve World Markets

Richard Gilmore, president and CEO of GIC Group, delivered a speech explaining the dynamics of successful investing in the agribusiness sector to an audience of entrepreneurs at the Private Equity World – Latin America 2008 conference in Miami last week. Gilmore said, “Many Latin American agricultural businesses require greater access to financing, along with improved expertise on restructuring their management and operations, to take advantage of global profit opportunities.” With the boom in commodity prices, new opportunities have opened up for suppliers and agro industries in the resource-rich countries of Latin America. “Today,” Gilmore stated, “there are many elements of success at play in Latin America – economic growth, favorable exchange rates, enlightened regulation, improving infrastructure, and record commodity prices.”

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