BRASILIA, Feb 12 (Reuters) -

Brazilian planemaker Embraer ( ERJ ) plans to invest 20

billion reais ($3.47 billion) in the country by 2030, Chief

Executive Francisco Gomes Neto said on Wednesday.

"This amount will be used toward an increase in aircraft

production and the development of new products," he said at an

event in capital Brasilia alongside Brazilian President Luiz

Inacio Lula da Silva.

Those new products include Embraer's ( ERJ ) so-called "flying

taxi"

electric vertical take-off and landing

(eVTOL) aircraft, under development by subsidiary Eve

, Gomes Neto said.

The CEO said he felt "quite optimistic about the future"

for Embraer's ( ERJ ) operations in several segments, including

commercial and executive aviation as well as defense and

security.

In a press release issued later in the day, Embraer ( ERJ ) said

that the investment forecast is similar to the firm's spending

in recent years and is in line with its growth plan for the next

five years.

($1 = 5.7592 reais)