INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS The development agency of Minas Gerais INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS INDI MISSION To attract, consolidate and retain industrial, commercial and services projects in Minas Gerais. ATTRIBUTION INDI is: ▲ The official investment promotion agency of Minas Gerais; ▲ The entrance door for investments in the State; ▲ An active agent in Minas Gerais planning process ▲ A link between entrepreneurs and governmental institutions; INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Support to investments SEDE INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Minas Gerais’ main figures South America TERRITORY - 587,000 km² - Larger than countries such as France, Sweden and Spain Brazil Minas Gerais Belo Horizonte ECONOMY - GDP 2009: USD 162 billion - Exports 2009: US$ 19,5 bi – 2010: US$ 22 bi(estimated) - Second largest industrial park in the country - Leader in Brazil for mining, metallurgy, cement production, coffee, dairy, biotechnology, etc SOCIAL - Population: 19,6 million inhabitants - Children at school: 2.6 million - 18 thousand elementary schools - 289 colleges/universities Estimated investments from 2003 to 2010 USD 140 billion Spain Estimated new jobs 400,799 jobs INFRASTRUCTURE - 265.000 km of roads (23,000 km paved) - 5.329 km of railways - 66 airports: 1 international and industrial - 18,5% of total energy generation in Brazil - Broad telecom network: 4.15M fixed lines and 8.8M mobile lines INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Economic potential Around the axis BH – SP – RJ in a 800 km circle distance radius, concentrates: ▲ 50% of the Brazilian population; ▲ 65% of the national GDP; Bahia DF ▲ Goiás 65% of the retailer purchase in Brazil; Minas Gerais Belo Horizonte ▲ 65% of the industrial production; Mato Grosso do Sul São Paulo Paraná ▲ 73% of the national market of electricity. Santa Catarina Rio Grande Do Sul Source: MDIC Espírito Santo Rio de Janeiro INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS 1000 Km 500 Km VARGINHA INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Industry structure Motor Machines and Vehicles equipments 14% Products 4% of metal 5% Metallurgy 25% Non metalic mineral 9% Food Products 16% Beverage 2% Tobacco 3% Textile 5% Paper and cardboard Ethanol 4% another and oil chemical refinement products 7% 6% INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS ELECTRIC PLANTS IN MINAS GERAIS Type of Plant Hydroelectrics Windpower Thermoelectrics Total Quantity 166 1 43 210 Power (GW) 17,10 0,01 0,92 18,03 Generation capacity in Brazil: 103 GW ▲ 26% of Brazil´s industrial consumption of electric power (2008); ▲ 335 PCHs (potential) will add up 3,6 GW; ▲ 85 under construction; ▲ Potential co-generation of ethanol plants:1250 MW; ▲ Windpower potential: 36 GW ( until 100m high). % 94.88% 0.01% 5.12% 100% INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Mining ▲ Reserves: 20 billion tons of iron ore. ▲ Announced investments of US$ 3.6 billion until 2014. ▲ Foreseen investments : more than US$ 10 billion. Mines opening, new steel plant, new railway branch line and new port in the State of Bahia 9 INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Mining • Iron ore • Gold • Diamond • Zinc • Phosphate • Limestone • Colored Gemstones • Slates • Niobium • Marble • Granite • Pig iron • Nickel • Manganese • Copper • Bauxite • Coal • Cobalt • Platinum • Aluminum . World’s largest niobium producer . Brazil’s largest iron ore producer and exporter . Largest pig iron hub in the country INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Biotechnology . 85 companies in the area of pharmaceutical compounds and research materials . Largest concentration of biotechnology firms in Latin America The largest insulin plant in the world ST Jude Medical Brasil Ltda in Belo Horizonte INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Automobile and Autoparts The largest FIAT plant in the world Mercedes Benz plant . 2nd largest car manufacturer in Brazil . 8,3 % of all vehicles exported nationally in 2008 . 25.8 % of all domestic vehicle production Source: ANFAVEA INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Agribusiness Milk: the Country’s largest dairy producer. Its 7.6 billion liters of milk produced annually represent approximately one third of the total produced in Brazil Beef: responsible for the production of 551 thousand tons of meat, with 22.5 million heads of cattle, the State has the second largest cattle herd in Brazil Fruits: the largest area of irrigated agriculture in South America and Brazilian largest producer of market garden seeds Ethanol: Minas Gerais is the second producer of ethanol in Brazil (2,6 billion liters ) INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Agribusiness Coffee: the largest producer in Brazil Corn: the second largest producer in Brazil Charcoal: largest reforester in Brazil with 870 thousand hectares Soybean: the fifth largest producer in Brazil USINA CORURIPE INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS IT . Qualified professionals in Information Technology Source: UFMG . High level of workforce graduating from specialized institutions and local universities. Google’s Research and Development Center in Latin America is located in Belo Horizonte Business Consulting and strategic IT services outsourcing in Belo Horizonte Technological park INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Economic activities per region Alto Paranaíba Triângulo • agriculture and cattle raising • ceramics • foodstuff • mining and metallurgy • tourism • sugar and alcohol • cattle raising • grain production • poultry • meat processing • cigarettes • grain processing • fertilizers • wood processing / furniture • reforestation • wholesale Centro-oeste de Minas • ceramics • beverage • footwear • non-metalic minerals • fireworks • foundry • garments • textile • pig iron Norte de Minas • agriculture and cattle raising • ferroalloy • metallurgy • reforestation • textile • fruits • non-metalic minerals Jequitinhonha/ Mucuri • agriculture and cattle raising • mining • decorative stones • precious stones • reforestation Noroeste de Minas Rio Doce • agriculture and cattle raising • cellulose • siderurgy • heavy mechanics • foodstruff • reforestation • agriculture and cattle raising • mining (zinc and others) Central • aluminium metallurgy Sul de Minas • dairy cattle raising • aluminium metallurgy • mining • coffee production • agroindustry • eletroelectronic • helicopters • autoparts • poultry • beverages • knit mills • textile • tourism Mata • production of natural fruit juice • coffee production • foodstuff • metalurgy of zinc • siderurgy • automobile • autoparts • textile • dairy products • automobile • beverages • footwear • textile • tourism • mining • non-metalic minerals • foodstuff • zinc metallurgy • autoparts • capital goods • garment • pig iron • ferroalloys • siderurgy • oil refining • software •biotechnology INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Economic activities potential Noroeste de Minas Alto Paranaíba • grain processing •coffee processing • furniture • fruits and vegetables processing • footwear • fruit processing • grain processing • tourism Norte de Minas • biotechnology • meat processing • fruit processing • precision mechanics •garment • tourism Triângulo • fruits and vegetables processing Jequitinhonha/ Mucuri • agroindustry • gems for export • wood industrialization • pulp and paper • furniture • coffee processing • agribusiness • chemicals • tourism • high tech services Rio Doce • meat processing • foundry • paper Central Centro-oeste de Minas • autoparts • garment industry diversification • agroindustry • tourism • furniture • decorative stones processing Sul de Minas • coffee processing • packaging • pharmaceutic products • foodstuff • garment • tourism • eletroelectronic Mata • automobile • autoparts • garment industry diversification • eletroelectronic • agroindustry • tourism • glasses • metallurgy • meat industrialization • biotechnology • eletroelectronic • perfumery • plastics • agroindustry • fine chemistry • soap and candles •high-tech services INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Exports Highlights ▲ The largest Brazilian exporter of ferroniobium: 90.2%; ▲ The largest Brazilian exporter of ferroalloys: 78.1%; ▲ The largest Brazilian coffee exporter: 75%; ▲ The largest exporter of gold in semi-manufactured goods: 65.3%; ▲ The largest Brazilian exporter of wire rod and iron-steel bars: 53.1%; ▲ The largest exporter of uncut precious stones: 46.9% ; ▲ Exports of iron ore: 44.8%. DE DESENVOLVIMENTO INTEGRADO DE MINAS INSTITUTOINSTIUTO DE DESENVOLVIMENTO INTEGRADO DEGERAIS MINAS GERAIS Some International Companies established in Minas Gerais INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS Some International Companies established in Minas Gerais INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS INSTITUTO DE DESENVOLVIMENTO INTEGRADO DE MINAS GERAIS The development agency of Minas Gerais Fábio Doyle International Relations + 55 31 3915 2861 [email protected]