Highlights of Minas Gerais

Version for print: Why Minas Gerais

Business Friendly Environment

Business Friendly Environment

● The fastest company-opening process in Brazil, up to 9 days, through JUCEMG

● The best business school of Latin America – Fundação Dom Cabral is in Belo Horizonte

Production of semiconductors

Production of semiconductors

● The largest and most modern semiconductor factory in the southern hemisphere – UNITEC.

Second Largest Consumer Market in Brazil

Second Largest Consumer Market in Brazil

● Minas Gerais is in the Southeast region of Brazil, which has 49% of the Brazilian consumer market, and is expected to reach 3.9 trillion BRL in 2016.

● Minas Gerais is the second largest consumer market in Brazil, at 10.41% of the country, with a potential of over 400 billion BRL in 2016.

Second Largest Car Manufacturer in Brazil

Second Largest Car Manufacturer in Brazil

● Factories of FIAT, Mercedes and IVECO.

Aerospace Complex

Aerospace Complex

●The largest and most advanced Aircraft Maintenance Center in Latin America is in the Belo Horizonte airport, in Confins.

● Helibrás, in Itajubá, is the only helicopter plant in South America.

● IAS provides aircraft maintenance solutions in partnership with Rolls Royce

Largest road system and second largest railroad system in Brazil

Largest road system and second largest railroad system in Brazil

● The only locomotive factories of Brazil, GE and Progress Rail Services, are in Minas Gerais

Privileged Location

Privileged Location

● Easy access to the main Brazilian ports and availability of international flights to significant destinations

Quality Education

Quality Education

● 2nd place in education according to the competitive ranking of 2015

● Largest number of public universities in the country

● Three of the ten best universities in Brazil are in Minas Gerais

Second largest exporting state in Brazil

Second largest exporting state in Brazil

● Largest exporter of coffee and iron ore

Third largest GDP among the Brazilian states

Third largest GDP among the Brazilian states

● Largest national producer of steel, iron ore, niobium, gold and zinc

● Largest cement producer in Brazil

Five Inland Customs Stations

Five Inland Customs Stations

● The Inland Customs Stations - Dry Ports - in Minas Gerais are in the cities of Betim, Uberaba, Uberlândia, Juiz de Fora and Varginha

Fostering Innovation

Fostering Innovation

● Funding for the innovation of products and the implementation and extension of companies in Science parks.

● Fostering of the high technology industry with the participation of CODEMIG in new businesses that are considered strategic by government.

Technological vocation

Technological vocation

● Large companies, such as Totvs, Novo Nordisk, Fiat and Google have research and development centers in Minas Gerais.

Incentives to the IT sector

Incentives to the IT sector

● MGTI – a program to encourage the information technology sector in Minas Gerais. The program seeks to create new businesses in the sector, fostering the creation, acceleration, merging and acquisition of companies.

Startups acceleration

Startups acceleration

● SEED - Minas Gerais government Program to Foster Start-Ups. It is made up of seed capital to fund projects, provide personalized mentoring and co-working space.

● Belo Horizonte hosts one of the main and most promising start-up communities of Brazil.

Life Sciences and Biotechnology Hub

Life Sciences and Biotechnology Hub

● Second largest life sciences and biotechnology hub in Brazil

● Largest world hub of zebu genetics

Agribusiness potential

Agribusiness potential

● Largest Brazilian producer of coffee and milk

● Largest horse herd, and second largest cattle herd in Brazil

● Largest irrigated agricultural area in Latin America – Jaíba Project

● Second largest sugar producer in Brazil

Public-Private Partnership Program (PPP) with international awards

Public-Private Partnership Program (PPP) with international awards

● PPP contracts in Minas Gerais are ranked by the World Bank among the best examples of best practices in PPP funding in America

● International P3 Awards 2016