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MG
Minas Gerais State Investment Promotion Agency - INDI
Getting to know Minas Gerais economy
September 10 2014
Brazil
Sources: CEI-FJP/IBGE
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
MG
Minas Gerais is a state with big dimensions…
Source: IBGE, MME, SECEX/MDIC 2012
MG
40% of the population
63% of the national GDP
55% of the Brazilian
consumer market
The southeast region
concentrates:
…located in the most developed region of Brazil
91.6%
65.2%
Largest exporter of wire rod and
iron/steel bars in the country 46.9%
66.7%
A strong industrial economy
Largest steel producer in the country
• 34% of Brazilian production of crude steel in 2012 (11.8 million tons)
Largest cement producer in the country
• 24% of national production (15 million tons)
Largest producer of benefited iron ore
• 67% of iron ore and 49.9% of mineral production in Brazil (value base)
Minas has been growing and diversifying its 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.
A modern industrial economy
Minas Gerais: 2º largest biotechnology cluster of Brazil.
MG: 83
SP: 103
RJ: 16
PR: 14
RS: 19
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.
Logistics
Source: UBM Aviation/OAG Traveler; SETOP-MG
Favorable business environment Prepared Areas
Neves Tech Industrial Park for high tech companies (life sciences and microelectronics)
Industrial Airport Surrounding the International Airport of Confins. Customs warehouse for manufacturing.
CTCA Aerospace Training Centre. Area for R&D activities and maintenance services.
Science Parks There are three science parks in operation Minas Gerais.
NevesTech
Neves Tech location - Belo Horizonte Metropolitan area
• 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
Growing life science’s sector in Brazil
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
Source: IGC 2012- MEC
University Ranking
UFLA 3rd
UFMG 4th
UFV 5th
UFTM 6th
UNIFAL-MG 15th
UFJF 16th
UNIFEI 17th
UFU 18th
INDI
Minas Gerais State
Investment Promotion Agency
Who are we?
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
How can INDI help?
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.
Fonte: INDI
R$ 182 billion
of investments attracted to
Minas Gerais from 2003 to
2013.
Total investments attracted (2003/2013)
Some companies INDI has helped.
Life Sciences companies in Minas Gerais
Reasons to invest in Minas Gerais
Strategically located
Solid economic foundations
A favourable bussiness
enviroment
Great quality of life and low costs
Highly qualified work force
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