Minas Gerais State
Investment Promotion Agency - INDI
MG
Getting to know Minas Gerais economy
September 10 2014
Brazil
Minas Gerais is a state with big dimensions…

226,000 square miles
(Bigger than France or Spain)

20 million people
(Comparable to Australia)

2nd largest exporter
in Brazil

3rd largest GDP in Brazil
GDP: US$ 200 billion (2010)
9.3% of Brazil
2.5% growth in 2011 and 2.3% in 2012
Sources: CEI-FJP/IBGE
MG
…located in the most developed region of
Brazil
The southeast region
concentrates:

40% of the population

63% of the national GDP
MG

55% of the Brazilian
consumer market
Source: IBGE, MME, SECEX/MDIC 2012
A strong industrial economy
Largest steel producer in the country
• 34% of Brazilian production of crude steel in 2012 (11.8
million tons)
91.6%
Largest cement producer in the country
66.7%
• 24% of national production (15 million tons)
65.2%
Largest producer of benefited iron ore
• 67% of iron ore and 49.9% of mineral production in Brazil
Largest
exporter of wire rod and
(value base)
46.9%
iron/steel bars in the country
Minas has been growing and
diversifying its economy.
A modern industrial economy
Second largest automotive cluster in the country
• Production of vehicles, trucks, tanks, utility vehicles and
tractors
• Automotive design
An important transport equipment producer
• The only helicoper factory in South America
• The main production hub for locomotives in Brazil:
Caterpillar & GE Transportation
• The main production for civil works equipments: XCMG
Six Semicondutores
• A state of the art semiconductor plant, the only one of its
kind in the southern hemisphere.
Minas Gerais: 2º largest biotechnology
cluster of Brazil.
MG: 83
SP: 103
RJ: 16
PR: 14
RS: 19
Logistics
Logistics
2nd largest railway network in the country
More than 3,000 miles.
Largest paved roads network in Brazil
More than 18,000 miles.
Easy access to the main seaports
Rio de Janeiro, Vitória, Santos and Paranaguá.
Direct connections 40 destinations inside Brazil
Direct international flights to the USA, Europe,
Central and South America.
Source: UBM Aviation/OAG Traveler; SETOP-MG
Favorable business environment
Prepared Areas
Neves Tech
Industrial Airport
Industrial Park
for high tech
companies (life
sciences and
microelectronics)
Surrounding the
International Airport
of Confins. Customs
warehouse for
manufacturing.
CTCA
Science Parks
Aerospace Training
Centre. Area for
R&D activities and
maintenance
services.
There are three
science parks in
operation Minas
Gerais.
Neves Tech location - Belo Horizonte Metropolitan area
NevesTech
Growing life science’s sector in Brazil
• 5th larger population in the world
(203 million inhabitants in 2014);
• Growth in life expectancy
(74,8 years old - increase of 17,3% from 1980 to 2013);
• The Ministry of Health buys aproximately R$ 12 bilion
per year (SUS);
• A major supplier for Latin América;
• The brazilian healthcare industrial complex recorded a
trade déficit of US$ 11 billion in 2013.
Fonte: IBGE, ProFarma, ProGénericos, Lafis, MS
Minas Gerais Universities:
4 among the Top 10 (8 among the Top 20)
Education System Quality
(Graduation)
Public Universities in Minas Gerais
Note: Financing possibilities regarding R&D investment
(companies, universities, and technology institutes
established in Minas Gerais State)
Public Universities National Ranking
University
UFLA
UFMG
UFV
UFTM
UNIFAL-MG
UFJF
UNIFEI
UFU
Ranking
3rd
4th
5th
6th
15th
16th
17th
18th
Source: IGC 2012- MEC
INDI
Minas Gerais State
Investment Promotion Agency
Who are we?
How can INDI help?
We offer free of charge services in :
dealing with public institutions at federal, state and municipal levels;
selecting suitable sites for the company (site selection);
discussing special tax regimes;
assisting environmental licensing processes;
building infrastructure and identifying financial solutions through our
partners.
How can INDI help?
We offer free of charge services in :
Aftercare
Facilitating expansion permits.
Identifying local suppliers
Training programs through partners
Identifying premisses foi expansions
Introducing entrepreneurs into high-level policy and influencing networks
We can also help you find a local partner
•
Many companies in Minas are actively looking for new business opportunities.
•
A wide array of partnerships are possible: technology transfer, equity, R&D,
distribution, joint-ventures, etc.
•
INDI can publicize partnership oportunities and introduce potential partners to
each other
•
The Industry Federation of Minas Gerais (FIEMG) and the Agriculture and Livestock
Federation of Minas Gerais (FAEMG) represent thousands of companies.
Note: as a government agency, INDI does not take part in negotiations between private companies.
INDI’s role is restricted to publicizing these business opportunities and sharing contact information
when expressly authorized.
Total investments attracted
(2003/2013)
R$ 182 billion
of investments attracted to
Minas Gerais from 2003 to
2013.
Fonte: INDI
Some companies INDI has helped.
Life Sciences companies in Minas Gerais
Reasons to invest in Minas Gerais
Solid economic foundations
Strategically
located
Highly qualified work
force
A favourable
bussiness
enviroment
Great quality of life and
low costs
Thank you for your attention.
Instituto de Desenvolvimento Integrado de Minas Gerais - INDI
Rodovia Prefeito Américo Gianetti, s/n 2º andar
Serra Verde. Cidade Administrativa - Edifício Minas
CEP 31.630-900. Belo Horizonte/MG – BRAZIL
Website: www.indi.mg.gov.br
Email: [email protected]
Tel.: +55 (31) 3915-2866
Fax: +55 (31) 3915-2867