Download How to Invest in Goiás

• Goiás – 9th Economy in Brazil
• Brasil – 6th World’s Economy
Goiás at Glance
•
•
•
•
•
•
Capital: Goiânia
Distance from Brasília: 200km
Municipalities: 246
Population: 6,154,996
Area: 340,000km² (4% of the Brazil’s area)
Eletric Power: 9,951 MegaWatt (4th in Brazil)
Industrial Development
•
•
•
•
•
•
Biggest Pharmaceutical Polo of Latin America
6% of production of Brazilian Automatic
4th National/Domestic Producer of Grains
2nd Largest Ethanol Producer
2nd Largest Gold Producer in Brazil (16.9%)
82.8% of National Production Nickel
Secretary of State for Industry and Commerce
(SIC-GO)
GOALS
• The inclusion of Goias in the world scenario
• Business experience working with national and international corporations
• Corporate vision focused on final results
• Segmentation into Economic Sectors and Micro-regions (18 in Goias)
• FCO (Constitutional Fund for the Middle West) : In 2011 the FCO in Goiás
•
PRODUZIR
● "Microproduzir" (incentives to the micro enterprises)
● "Teleproduzir" (incentives to the implementation of call centers)
● "Centroproduzir" (incentives to build distribution centers)
● "Logproduzir" (incentives to companies operating on logistics)
● "Comexproduzir" (Incentives to foreign trade operations
EVOLUTION – US$ FOB – 2011/2012
Janeiro/Novembro
2011 US$
Janeiro/Novembro
2012 US$
%
Export
5,605,193,073
7,135,690,058
27.3%
Import
5,728,429,088
5,124,601,115
-10.5%
Total
-123,236,015
2,011,088,943
*
Foreign Trade: Export - Goias 2000-2011
Destination
2010
2011
Growth
European
Union
307,293,714
1,512,895,758
392.33%
Main products of Goiás exported to Germany in 2012
•
•
•
•
•
•
Soybean oil
Beef
Sugar
Leather
Coffee
Copper
Main Germany products imported to Goiás in 2012
•
•
•
•
•
•
Pharmaceuticals
Plastic
Grains and vegetal products
Machinery, mechanical appliances
Fertilizers
Sugar
IT is Brazil - Information Technology
• Brazil is the sole representative of Latin America with
prospect for short-growth in sector of information
technology
• Gains of 0.3% for the private sector puts the country in 3rd
place in the global ranking in 2012
• Goiás has more than 800 companies in the software area
• 02 Technology Parks – (PGTec)
Goiano Program of Technology Parks (PGTec)
• The project seeks to gather in specifc land, technology companies,
public and private universitites, research laboratories, certification
institutes and all events
• 04 Technology Parks have being worked in Secretary of Science
and Technology
• The main objetive of PGTec is to attract, create, promote and
maintain technology-based companies and research institutions and
development in the municipalities, enabling new products and
services to be rapidly placed at the disposition society.
Why Agriculture is important to Brazil?
•
•
•
•
•
•
•
•
GDP of $2,5 trillion in 2011 - 6th economy in the world
Almost 200 million consumers with increased purchasing
power
Agricultural superpower 20% of GDP (US$ 492 billion)
37% of Brazilian exports (US$ 95 billion)
Agribusiness employs 37% of Brazil’s workforce
Grain production: 1990 - 58 million tons / 2011 - 166
million tons
Grain production 2012/2013: 172 – 182 million tons
(estimated)
Soybean accounts for 76 million tons / 27 million
hectares (est.)
Brazil’s Global Ranking in Agribusiness Production
A large portion of
Brazil’s
Agriculture is
focused around
six states.
Permanent Crops & Arable Land (Percentage Intensity)
Sparsely Vegetated
Undetermined (0 - 30)
30 - 40
40 - 60
> 60
Water
No Data
Total Agricultural Equipment Market
Economic Sectors
•
Food: The Midwest region is responsible for more than 60% of the grains
and meat produced in the country, generating internal wealth and
surpluses for export.
• Expanding economic frontier
• Goias has more than 2,400 companies in the food industry
• Automotive: Consolidating the automotive sector in Goias with new
automakers and car parts manufacturers.
• The automotive sector has been consolidated in Anapolis, Itumbiara and
Catalao.
Economic Sectors
• Mining:
• Mineral Water
• Phosphate
• Agricultural Limestone
• Limestone
• Amianthus
• Copper
• Nickel
• Vermiculite
• Niobium
• Gold
• Emerald
• Cobalt
Economic Sectors
•
Ethanol
• The second largest Brazilian producer of Ethanol
• Only 6% of the state area has been already used
• 3rd largest Sugar Plant in the world
Competitive Advantages
• Incentive programs and tax benefits
• Lines of credit for development of the state, ranging from micro to
large enterprises.
• Direct channel with other State agencies and departments.
• New ventures studies
• Speed and efficiency in monitoring processes
• Link between the government and the private sector
• Tools required to completely fulfillment of the demands of
companies wishing to invest, expand or set up in Goias
• INPI – patenting agency
Competitive Advantages
●Goias has many taxes incentives for businesses that want to
expand their activities and/or to settle in the State.
●Produzir is a Program in the State of Goias that encourages
industries to revitalize, expand, and settle in the state. The company
becomes more competitive thanks to the tax defferements that will
result in gains for its botton of line and in more income/employment
for the State of Goias.
●FCO is the Midwest Fund for productive enterprises in the State of
Goias. It is a line of credit for funding the rural and entrepreneurial
sectors. FCO contributes to the socioeconomical development of the
region, funding programs to support investments in the
productive sectors.
Competitive Advantages - Incentives for industry
•
PRODUZIR Program
State Law no 13.591/00 and Decree no 5.265/00;
Financing of the ICMS (VAT: due monthly)
●Finances 73% of the ICMS due;
●Pays 27% of the ICMS due;
Antecipates and additional 7.3% (10% of the
monthly amount financed) to the Produzir Fund;
2.4 % rate (per year – simple interest);
Available until 2020;
The unpaid balance will have a 12-month grace
period and will be reduced as the “discount factors”
are audited and approved. After the discount the
Unpaid balance could reach up to 100% (over those 73%);
An investment of 20% is required, so that the benefit
can be applied (audit made by SIC);
Financial viability project is also required
(signed by a registered economist of CORECON GO).
Competitive Advantages - Incentives for industry
COMEXPRODUZIR
― Law no 14.186/02 and Decree no 5.686/02
● At least 95% of trade company
operation must be import/export
●ICMS (tax over goods and services)
finance: Credit of 65% on the ICMS .
● Antecipates 5% over the ICMS
financed value;
● This credit will be available untill
December 31st, 2020.
● Must present Import Certificate
registered at SISCOMEX and register
at RADAR – Receita Federal (Internal
Revenue Service)
● Must present a financial viability project
Competitive Advantages – Company that intents to
Industrialize
Thank you.
Alexandre Baldy de Sant’Anna Braga
Secretary of Industry and Commerce of State of Goiás
Leantho Limirio Gonçalves
Executive Secretary of PromoGoiás