#1by ACMinas by ACMinas Minas Gerais Business Guide 2021/2022 Brazil Minas Gerais: A Sea of Mountains and Opportunities Minas Gerais Business GUIDE Opportunities in Minas: Beyond Mining and Agribusiness Production in Minas: Development through innovation, technology and sustainability#2Minas Gerais Business GUIDE#32 SUMMARY CHAPTER 1 MINAS GERAIS, THE GATEWAY TO BRAZIL 6 ACMINAS PRESIDENT ACMinas ASSOCIAÇÃO COMERC DESENVOLVIMEN PRESARIAL DE MINAS USTICA SOCIAL CHAPTER 2 MINAS GERAIS AND THE WORLD CHAPTER 3 PRODUCTION SECTORS CHAPTER 4 THE REGIONS OF MINAS CHAPTER 5 LOGISTIC AND TRANSPORT INFRASTRUCTURE... CHAPTER 6 BUSINESS ENVIRONMENT... 18 30 42 58 66 MINAS TO THE WORLD The Minas Gerais Business Guide 2022, a publication of the Commercial and Business Association of Minas (Associação Comercial e Empresarial de Minas - ACMinas), now reaches its 12th edition. This is an international business guide that aims to unveil services, products, and business and investment opportunities in Minas Gerais, being directed to representations of foreign governments, chambers of commerce, companies, and international organizations, in addition to related businesses such as hotels, airports, among others. Its purpose is to be a reliable source of information, presenting a comprehensive overview of the state's economic scenario, as well as offering the description and legal procedures for the attraction of investments. Therefore, it represents a contribution by ACMinas to the efforts made by the private sector and the government in favor of business expansion and the definitive internationalization of Minas, which is already taking place. We now come to the 2022 edition. More robust and full of figures and articles of great interest, the guide maintains the purpose that guided the initiative, taken in 2010, making available to businessmen, investors, and entrepreneurs operating in the international market a data set on Minas Gerais capable of exposing, in its own dimension, the extraordinary environment that the State offers for doing business. On its pages, the reader will find an overview of the Minas Gerais economy, which not only highlights its high degree of diversification, the privileged geographical position of the State in relation to the main markets, the efficient logistics structure, and especially the numerous opportunities it offers for productive investments. This is a role, by the way, in which ACMinas plays a historical role: how it happened at the time of the construction of the Belo Horizonte International Airport, in Confins, in the Expominas project, and in the structuring of a system capable of organizing and intensively exploring the enormous tourist potential of the State. Bytaking the initiative to edit this Guide once again, ACMinas continues its long history of collaborative actions aimed at perpetuating the results already obtained by Minas Gerais in its development process and opening up new opportunities for business and investments. The Minas Gerais Business Guide will be of great value. José Anchieta da Silva ACMinas President 3#44 If Brazil is a continent, Minas is a country. The sentence, already heard many times, refers to the expressive dimensions of the state of Minas Gerais, with a territory larger than that of mainland France, a population twice that of Portugal, and an economy larger than many equally important countries, such as Hungary and New Zealand. The Minas Guide reveals the greatness of Minas by presenting figures and information of great relevance to the importer, the investor, and the foreign tourist, man or woman, interested in knowing more about Brazil and, mainly, exploring the gigantic potential that our state features. Privileged in natural and human resources, Minas Gerais has a diversified economy, anchored in mining, agriculture, the manufacturing industry, the creative economy, technological innovation, and a sophisticated chain of services, while at the same time, owner of the cultural repository most important in Brazil, it presents a myriad of typical products of the highest quality, capable of competing on an equal footing in the most demanding international markets. During my term in the Government of Minas Gerais, as Undersecretary for Economic Development and Science and Technology, I had the pleasure of relaunching the state's export promotion policy, in partnership with the Secretary of State for Agriculture and Livestock. In an entirely different way, we created a strategy aimed at niche markets and opening up new fronts, in countries in Asia, Africa, and the Middle East, in line with what I had already learned at the beginning of my diplomatic career when I started at the Trade Promotion Department at Itamaraty. In partnership with the Ministry of Foreign Affairs and Apex- Brasil, it was possible to implement concrete actions to promote products such as fireworks, artisanal cheese, specialty coffees, and a variety of honey, among others, taking advantage of the supply shock that the pandemic caused in suppliers from competing countries, especially dairy products of European origin. The fact is that Minas, although nationally recognized as a very important federated entity, needs to be the target of a continuous effort to become better known abroad. The state, which was the most visited by tourists from all over Brazil during the pandemic, given restrictions on international travel, still receives few foreign visitors, even with so many attractions, about which it is unnecessary to talk. The Minas Guide works, in this sense, as a true business card with which Minas presents itself to the world, important not only to show economic aspects but also to highlight, dearly and objectively, everything that makes Minas Gerais so special. ACMinas, with the brilliant vision of President José de Anchieta, remains at the forefront of Minas Gerais' great economic aspirations by editing yet another updated version of this already traditional publication. I'm sure that even the public most familiar with the grandeur of Minas will be surprised by the content presented here. Juliano Alves Pinto Head of the International Legal Cooperation Division CAPITAL OF HOSPITALITY AND DEVELOPMENT So many times have I been asked why SKEMA chose Belo Horizonte among so many cities in Brazil. I still answer with the same conviction as the first time: SKEMA came to the beautiful capital of Minas Gerais for the right reasons, because it is in Minas' DNA the tradition of quality education, as well as being a breeding ground for innovation and cultural wealth. I am very proud of this choice. Naturally, the history of the development of SKEMA Business School Brasil in Belo Horizonte is based, above all, on a welcoming environment. Through this characteristic of Minas Gerais people, we were able to build a network of partners and friends. All of this was decisive in SKEMA's first steps in Belo Horizonte, the capital where ties between people naturally create many opportunities to learn and do business. It is from this warm environment that round tables emerge surrounded by daring friends who are open to developing new projects. Inspired by innovation, SKEMA Faculty also is starting to offer courses in our Law School, counting on the technological expertise linked to Artificial Intelligence, but also approaching other scientific fields. In addition to the quality of human relationships experienced since our arrival, Belo Horizonte offers opportunities to connect with innovative ecosystems where we find incubators and efficient accelerators supporting startups that evolve very quickly; some of them become large companies. Such challenges invite us to always do everything better, seeking and offering high-level knowledge and international references that increase the chances of success in this vanguard scenario. One cannot talk about Belo Horizonte without recognizing its value as a cultural city. After all, culture and education go hand in hand. Here, again, Belo Horizonte is an example with its offer of museums with permanent or temporary exhibitions, shows, concert halls, exhibition parks, and cultural centers, among others. I can't help but mention one of my favorites: the Arts Education Foundation, which has the gift of discovering and encouraging young talent from all walks of life. I could not here mention all the cultural places in the city because there are so many, but I also need to mention an emblematic institution that was my first discovery when I arrived at BH: the Philharmonic and the "Sala Minas Gerais". A space for classical music that opens its doors to all audiences, without ever renouncing the excellence of its art. I cannot fail to mention an expertise shared by France and the State of Minas Gerais: gastronomy, which made me forget the nostalgia of French cheeses so well replaced by the delights of the ones produced in Minas Gerais! After the most serious period of the pandemic, we are proud to witness the resumption of the Minas Gerais habit of eating out and the return to the normal functioning of the bar and restaurant sector, so iconic in this capital, with the resilience and creative strength of Belo Horizonte's gastronomic entrepreneurs, to rebuild the sector. You may think that I am writing a declaration of love for the city of Belo Horizonte and the state of Minas Gerais. This is probably true because I already consider myself the most "mineira" Frenchwoman in the capital of Alterosas, Belo Horizonte. Geneviève Poulingue Geneviève Poulingue Dean of Skema Business School. 5#5MINAS GERAIS, THE GATEWAY TO BRAZIL Niobium 39% 69% Gold ●Minas Gerais 27% Minas Gerais Goiás Goiás 46% Outros Pará Outros Source: Ibram 13% 14% Source: www.drpm.gov.br Natural Resources of Minas Gerais Minas Gerais was founded in 1720, after official expeditions made by pioneers, who identified metals and precious stones in the region. The result of the search was the finding of gold in the riverbeds and in the city of Ouro Preto, where there were already large deposits in the 17th century. In this way, the toponym "Minas" is directly linked to the historical and socioeconomic construction of the state. The mineral activity has evolved and modernized over time, becoming a crucial sector in the projection of Minas Gerais to the national and international market. It is noted the presence of this type of raw material in the manufacture of ma- terials used in the energy, transport, innovation, and civil construction sectors, among others, which are indispensable sectors in day-to-day modern life. Currently, mineral resources continue to be highlighted, mainly niobium, iron, steel, and gold. 7#6Minas Gerais in Numbers Average annual temperature Capital Number of Cities Urbanization Rate HDI 21ºC/69°F Belo Horizonte 853 84%(2017) 0.731 higher than Brazil's 0.727 Number of Companies 0 employees (2019) 1 to 4 employees (2019) 5 to 9 employees (2019) 10 to 19 employees (2019) 20 to 99 employees (2019) 100 or more employees (2019) Total of companies (2019) 57016-14,76% of Brazilian companies 295638-13,54% of Brazilian companies 74787 - 11,9% of Brazilian companies 340579-11,09% of Brazilian companies 244015-10,36% of Brazilian companies 50064-10,13% of Brazilian companies 3833287-12,93% of Brazilian companies Population 2021 8 Population Average* by city 21,41 million inhabitants, 10,03% of the Brazilian population 25.131 A quarter of state's municipalities have a population of up 4.840 inhabitants (231 cities) 75% of the state's municipalities have a population of up to 17.911 inhabitants (640 cities) Number of municipalities with population over 100,000 inhabitants (33) * IBGE estimate Gross Domestic Produc - GDP(current values) Source: IBGE Brazil x Minas Gerais x World - 2011 to 2018 (in R$ millions) Year Brazil Minas World 2011 4,0% 2,5% 4,3% 2012 1,9% 3,3% 3,5% 2013 3,0% 0,5% 3,5% 2014 0,5% -0,7% 3,6% 2015 -3,6% -4,3% 3,5% 2016 -3,3% -2,0% 3,4% 2017 1,3% 1,7 3,9% 2018 1,3% %1,2% 3,6% Source: IBGE/João Pinheiro Foundation/IMF Nominal GDP per Sectors 2018 Added Value (RS$billions and sharing) service 60% Taxes 12% agriculture 5% Industry 23% Economy of Minas Gerais Nominal GDP (2018) GDP Per Capita (2018) Formal employment (2019) Jobs generated (2019) R$ 614.88 billion (8.77% from Brazil) R$ 17,082,974.28 4.94 million - corresponds to 10.39% of total formal jobs in the country 180,486 vacancies - 19.55% of the country's result and ranked second, second only to the State of São Paulo Cour IDCE /DNAD/DAIC Economy of Minas Gerais - Sector Nominal GDP (2018): Formal jobs (2019): Jobs generated (2019): Nominal GDP (2018): Formal jobs (2019): Jobs generated (2019): Nominal GDP (2018): Formal jobs (2019): Jobs generated (2019): Agribusiness R$ 28.05 billion (9.06% of Brazil) - Value added (VA) 248 thousand (5.03% of the State) Industry 6,832 vacancies R$ 142.82 billion (10.9% from Brazil) - Value added (VA). 1.142 million (23.12% of the State). Services 62,218 vacancies R$367.92 billion (8.4% from Brazil). - Value added (VA). 3.55 million (71.85% of the State). 125,100 vacancies. Source: IBGE/MET (RAIS annual) 9#7Minas Gerais & Brazil 3rd largest economy in Brazil 2nd biggest population 3rd largest exporting state (1st semester2021) 1st producer of iron ore 1st producer and exporter of ferroniobium 1st producer of cement 1st producer of steel 1st producer and exporter of coffee 1st producer of potato 2nd producer of cattle Destaques: 21,41 million inhabitants US$ 16,52 billion (12,15% of Brazilian exports) 10 Source: IBGE/MET(RAIS annual) iwoɔzed Another essential natural resource for the state of Minas Gerais is water. Five of the eight main non-Amazonian hydro- graphic basins are born in the Cerrado of Minas Gerais; 70% of the water is from the São Francisco River and 50% of the water is from the Rio de la Plata. In addition, the Southeast region has a water availability of 334.20 trillion m³/ year, more than half of which, 193.9 trillion m³/year, is in Minas Gerais. Copasa is present in the development of 640 municipalities in Minas Gerais. Copasa is present in the lives of over 11 million people. Copasa is present in the portfolio of over 90 thousand shareholders. And quality is everywhere. Ever since it was created in 1963, as the water and sewer utility, company originally called Companhia Mineira de Agua e Esgoto, Copasa has played an essential role in the economic, social and human development of Minas Gerais. In order to continue supplying quality water and handling wastewater in a sustainable manner, bringing comfort, health and quality of life to millions of residents from all corners of the state, Copasa has constantly invested in operational, logistical, technological and personnel improvement. With more than 5 billion reais of investments projected for the next 5 years, Copasa is prepared for the challenges of the New Sanitation Legal Framework, always seeking to be proactive. At the same time, it is a model company in its segment, applying ecologically sustainable, socially responsible and ethically transparent practices. Since 2006, when it started trading its shares on B3's Novo Mercado, Copasa started to shine in another arena: the Stock Exchange, transforming the operational and financial growth of its business into dividends for its shareholders. COPASA is all around. And YOU are at the center. This made it one of the largest companies listed on the Stock Exchange and one of the largest sanitation companies in the Americas. And, thanks to its reliability and social responsibility, Copasa is also present in the lives of Minas Gerais families who need it most, through social promotion and protection actions, such as the Social Tariff. By placing customers and investors like you at the center of its decision-making, Copasa shows that it is always evolving and optimizing its management model, both internally and externally, to offer an integrated and increasingly agile service. Copasa is present everywhere and invests time and resources to continuously improve its operations, while benefiting millions of people every day. People all around who are the focus of our attention - such as you. Learn more at ri.copasa.com.br COPASA is here. You can rely on us. COPASA MINAS GERAIS GOVERNO DIFERENTE. ESTADO EFICIENTE.#812 ENERGY Hydropower Minas Gerais is a pioneer in the installation of hydroelectric plants in South America, giving the state great prominence in the supply of energy to the country. Companhia Energética de Minas Gerais (CEMIG) is one of the main energy distributors in the country, operating in the generation, transmission, and distribution of electricity and natural gas. Installed power by planning region The large volume of river basins in the state provides great hydroelectric potential, due to the São Francisco, Paranaíba, and Grande rivers, in addition to the Jequitinhonha, Doce, and Araguari rivers. The estimated hydraulic potential of the state is 24GW, the third-largest in Brazil, and the installed capacity reaches 17GW, distributed in several plants across the country. The region with the highest rate of hydroelectric power generation is the Triângulo Mineiro. Wind Considering winds above 7.0m/s, Minas Gerais has a wind power generation potential of approximately 40GW. The are- as most favorable to the generation of this type of energy are the Triângulo Mineiro, Northern, and Northeastern, mainly along the Espinhaço Mountain Range. It is also worth men- tioning the presence of several companies in the production chain of the wind industry in Minas Gerais. Priceless power: 59.043 MW* Estimated annual generation: 92.076 GWh* Priceless power: Potência inestimávelolu: Potênnncia inestimávelolu:, Potência inestimável: inestimável: 1% 1% 1% 2% 4% 6% 7% 11% 12% 55% Triângulo Alto Paranaíba Sul de Minas Mata Rio Doce Central Norte de Minas Centro-oeste de Minas Noroeste de Minas Jequitinhonha/Mucuri 00000 Source: Estimate of Complementarity Pontential Hydro Wind Solar for the energy matrix of Minas, FEAM, 2015 Annual Wind Power at 100m Height Calculated from the MesoMap mesoscale model (TrueWind Solutions, LLC) at 3.6x3.6km resolution and interpolated to 200x200m resolution by Wind Map atmospheric boundary layer simulation, using completely data from Cemig's anemomeric measurements (1999-2008) 4 4,5 5 5,5 6 6,5 7 7,5 8 8,5 9 9,5 10 10,5 11 11,5 12 12,5 ESCALA 1:3500 00 Nono noo no nooo nooo noo 0 25 50 75 100 125 150 -- Solar CEMIG has invested in photovoltaic energy. In 2018, it created the Cemig Geração Distribuída project, to implement, install, operate, maintain, and lease projects and equipment that use solar energy. In 2021, CEMIG surpassed the 1GW mark of installed distributed generation power, placing the state in a leading position in the country, accounting for 18% of all installed potential in Brazil. Currently, 884 cities have their own energy generation, with 98.9% of the municipalities in Minas Gerais. Main Municipalities that Generate Photovoltaic Solar Energy Jaíba Januária Francisco Sá Paracatu Buritizeiro Pirapora Várzea da Palma Guimarânia Uberlândia Natural Gas 'Companhia de Gás de Minas Gerais', GASMIG, has exclusivity in the distribution of piped natural gas in the state, by concession or grant, to the commercial, industrial, residential, and thermoelectric segments, through compressed natural gas (CNG), liquefied natural gas (LNG) and automotive (CNG). For regions peripheral to GASMIG's distribution network, E= there is a system of virtual pipelines (transport by trucks) for the supply of Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG). One of GASMIG's projects to expand its network provides for the supply of the input to regions of Vale do Aço, Southern Minas, Mantiqueira, and Campos das Vertentes, in addition to the metropolitan region of Belo Horizonte. The current plan concentrates its activities in neighborhoods in the Center-South region of Belo Horizonte, Vila da Serra, Nova Lima, and in the Betânia neighborhood, in the west region of the capital, with the aim of taking natural gas to both homes and businesses. Source: Minas Gerais Investment and Foreign Trade Promotion Agency Belo Horizonte 13#914 ENVIRONMENTAL SCENE Minas Gerais has seven distinct life zones or biomes, with great biodiversity compared to other states in Brazil. With this incredible biodiversity, the state has the potential to develop community-based ecotourism in each of these biomes, as a tool to reduce poverty and protect nature, an additional sustainable element to the state, which would become an international model of sustainable development. Januária São Francisco Salinas Montes Claros Pirapora Minas Gerais Vegetation Diamantina Teófilo Otoni Serro Governador Valadares Uberlândia Araxá Belo Horizonte Uberaba Caratinga São Sebastião do Paraíba Ouro Preto Poços de Caldas Cataguazes Juiz de Fora Tropical Forest Cerrado Field Caatinga EDUCATION Pouso Alegre Monte Sião Minas Gerais boasts an educational system that starts at the age of six, guaranteeing an extra year for children until they reach high school. The state's educational institutions are highlighted in the private sector, being considered one of the best in the country. The state also has a wide network of technical schools, with emphasis on the Federal Center for Education and Technology (CEFET-MG), the Education for Work Foundation (UTRAMIG), and federal institutes in the areas of education, science, and technology, operating at the regional level. Regarding higher education, the state has about 300 educational institutions, being the federative entity with the largest number of public educational institutions. The distribution of higher education in the state, in all aspects, whether in the number of enrollments or institutional presence, both in the public and private spheres, remains linked to the economic development of the regions that comprise it. In other words, there is a good synergy between academia and industry or the production chain in these regions. It is worth mentioning the Universidade Federal de Minas Gerais, which achieved 15th place in the ranking of Latin American universities (QS Quacquarelli Symonds University Rankings 2021) and 3rd place in the national ranking (Times Higher Education 2021). A unique and outstanding institution in the state is SKEMA Business School. SKEMA is part of a very exclusive circle in which less than one percent of world business schools have the triple accreditation: EQUIS-AACSB-AMBA. According to the Financial Times, in its annual ranking of master's Courses in Management, SKEMA is ranked 6th among French schools, 22nd in the world, and in the Top 10 overall for the international experience offered to its students. With global and local operations, Skema has 7 campuses located in 5 different countries: South Africa, Brazil, China, the United States, and France. The Brazilian campus is located in Belo Horizonte and offers courses with an emphasis on Global Business Management for the Brazilian public. In Fe + C H Montreal is the SKEMA Artificial Intelligence Lab. SKEMA Al research and activities facilitate the creation of a strong, interdisciplinary research environment. Research activities range from techniques and algorithms to more business- oriented applications, including Al ethics, cyber security, privacy, human-machine interactions, etc. Another important highlight in the State of Minas Gerais is Dom Cabral Foundation (Fundação Dom Cabral - FDC), considered the 9th best business school in the world according to the Financial Times' executive education ranking. For over 40 years, the Foundation has been educating executives, public managers, entrepreneurs, and organizations from different segments in several countries. FDC offers access to modern business tools, exchange of experiences, and joint generation of knowledge thanks to its partnerships and cooperation agreements with several institutions in the United States, Europe, China, India, Russia, and Latin America. P₂O +1 SO, + Cu(OH) FeCl HCI NaOH Na + OH HO 15#1016 TOURISM Minas Gerais has a wide tourist spectrum, ranging from traditional to contemporary. It is no coincidence that the State is popularly known as a Brazilian synthesis since, in no other State in Brazil, there is such cultural diversity and gastronomic wealth. In a land with great mineral wealth, mountains, and waterfalls, Minas Gerais has been consolidating itself as an international destination for adventures, events, and religious tourism. A highlight in Minas Gerais tourism is the Circuito Liberdade, a project that aimed to transform the historic buildings of Minas Gerais into spaces with a vocation for art, culture, and heritage preservation, gathered as a cultural complex of reference for the Minas Gerais capital and your visitors. The region is located on the outskirts of Praça da Liberdade, a project designed in the XIX century to house the administrative center of the State with the construction of secretariats and the Palácio da Liberdade, former government headquarters. 'Circuito Liberdade' currently comprises 33 institutions that permeate the cultural and artistic universe in different aspects. Thirteen of these cultural facilities are managed directly by the State Government and the others work with public-private partnerships or partnerships with public federal institutions. For more information about the circuit and how the attractions work, visit: www. circuitoliberdade.mg.gov.br Another Minas Gerais highlight is the Inhotim Institute, a contemporary art museum and Botanical Garden located in Brumadinho. Conceived in the 1980s by the Minas Gerais businessman Bernardo Mello Paz, it was only in 2006 that one of the largest open-air museums in the world was opened. Its location between the rich biomes of the Atlantic Forest and the Cerrado creates an exuberant landscape along 140 hectares of visitation, with around 700 works, by more than 60 artists, from almost 40 different countries. These open-air galleries are displayed in the middle of a Botanical Garden with more than 4,300 rare species from all continents of the world. APITE 204 Es oMiter pul dictionis, t sfimi bagni anis Sancat pe g#11MINAS GERAIS AND THE WORLD 19#12Trade Balance - Brazil versus Minas Gerais 1st Semester 2021 (In US$ Billions) Imports (1st Semester 2021) in US$ billion Brazil Minas Gerais Rank Buyer State Value (US$ million) Participation 136,03 Export 136,03 16,52 1º São Paulo 32,34 32,62% Import 99,15 5,77 2º Santa Catarina 11,97 12,08% Balance 36,88 10,75 3º Rio de Janeiro 9,74 9,82% 99,15 4º Paraná 7,91 7,98% 5º Amazonas 6,31 6,36% 6º Minas Gerais 5,77 5,82% 7º Rio Grande do Sul 4,72 4,76% 36,88 8º Bahia 3,83 3,87% 16,52 9º Espirito Santo 2,90 2,92% 5,77 10,75 10º Pernambuco 2,79 2,81% Export Import Balance Outros Estados Brazil (total) 10,86 10,96% 99,15 100,00% Brazil Minas Gerais Source: Comex Stat (MDIC) 20 20 Main Destination Countries and Suppliers Minas Gerais Trade Balance Exports (1st semester 2021) rank Destiny Export (US$ million) Participation 21 1st China 6,53 39,49% 2nd Unites States 1,16 6,99% 3rd Bahrain 0,87 5,24% 4th Trade Balance by Federative Units Exports (1st Semester 2021) 5th Netherlands Germany 0,62 3,74% 0,58 3,50% 6th Japan 0,52 3,13% 7th Argentina 0,52 3,12% Ranque producing state Value (US$ billion) Participation 8th United Kingdom 0,48 2,93% 1st São Paulo 27,30 20,07% 9th Oman 0,44 2,67% 2nd Rio de Janeiro 18,13 13,33% 10th Malaysia 0,40 2,42% 3rd Minas Gerais 16,52 12,15% Other Countries 4,42 26,76% 4th Pará 14,08 10,35% 5th Minas Gerais (Total) 16,52 100,00% Mato Grosso 12,22 8,98% 6th Paraná Source: Comex Stat (MDIC) 10,27 7,55% 7th Rio Grande do Sul 4.05 8,52 6,26% 8th Santa Catarina 5,93 8.14 4,36% 9th Goiás 4,35 3,20% 10th Bahia 4,27 3,14% 2.05 1.14 (-49.38) (-44.39) 1.38 1.27 1.21 (+20.06) (83.05) (-7.97) (-4.72) 0.09- 0.38 0.52 0.58 ( 25) +322.22) (+36.84) (+11.54) 0.97 (-14.91) 1.07 (-11.57) 0.07 (-87.03) 10,940.23 17,134.63 (8.02) (+56.02) 1:092.99 1,287.47 (11.12) 3.015.16 22.51) 17,245.03 (+0.64) 1,395.47 (+17.79) (+959) 15,330.24 15,144.95 -389.75 (-209.31) (11.10) (-1.21) 1,524.51 101.75 (+9.25) (+20.12) 1,531.29 (+0.44) 4,350.61 5,068 11 5,499.97 4,381.89 43.69 (+11.29) (+16.49) (+8.52)- (20.33) (-81.75) Other states 14,44 10,61% .0.25 0.09 (-64.00) 4,23578 4.441.44 3,533.44 3,461.94. (+22.35) (+4.86) (-20.44)- Brazil (total) 136,03 100,00% 10.03 0.02 (-33.33) 863.59 700.29 792.03 (+9.04) 18.91)#13Source: Comex Stat (MDIC) Imports (1st semester 2021) Imports(1st semester of 2021) Rank Suppliers Import (US$ billion) % Rank Suppliers Import(US$ Million) Participation % 1st China 1,34 23,27% 1st coal; briquettes 0,25 4,37% 2nd Unites States 0,78 13,47% 2nd passenger cars 0,20 3,39% 3rd Argentina 0,42 7,31% 3rd 4th Motor vehicles for the transport of goods 0,17 2,99% Italy 0,36 6,15% 4th 5th Germany 0,25 4,30% 5th 6th Motor vehicle parts and accessories Mineral or chemical fertilizers, nitrogenous 0,17 2,94% 0,15 2,66% Russia 0,23 4,05% 6th Zinc ores and their concentrates 7th 0,13 2,19% Mexico 0,23 3,94% 7th 8th Electrical apparatus for telephony or wire telegraphy 0,11 1,91% India 0,22 3,81% 9th 8th Parts exclusively or mainly intended Peru 0,17 3,02% to machines and devices 0,11 1,89% 10th Paraguay 0,11 1,84% Mineral or chemical fertilizers, 9th Other Countries 1,67 that contain the three fertilizing elements: 1,00 1,70% 28,86% nitrogen (nitrogen), phosphorus and potassium Brasil (total) 99,15 100,00% 10th Mineral or chemical fertilizers, potassium 1,00 1,69% Source: Comex Stat (MDIC) Other Products Minas Gerais (Total) 4,29 74,29% 5,77 100,00% 22 222 Exports (1st semester 2021) Balance of Trade for Minas Gerais Main Products 23 23 Rank Destiny Export (US$ billion) Participation % 1st 2nd Iron ore Coffee 7,48 45,24% 2,18 13,17% 3rd Year Soybeans 1,02 6,16% Export Variation % Imports 4th Iron Garters 0,95 5,76% 2011 41,34 32,64% 13,02 Variation % 30,63% Balance 28,32 Variation % 33,59% 5th Gold 0,83 5,03% 2012 33,10 -19,93% 12,06 -7,37% 21,04 -25,70% 6th Raw cast iron and Spiegel iron(specular) 0,47 2,82% 2013 33,38 0,85% 12,33 2,25% 21,05 0,05% 7th Sugar cane or beet 0,41 2,50% 2014 29,30 -12,23% 11,00 -10,78% 18,30 -13,08% 8th Bovine Meat(beef) 0,32 1,94% 2015 21,98 -24,96% 8,82 -19,82% 13,16 -28,06% 9th Chemical wood pulp 0,30 1,82% 2016 21,92 -0,30% 6,56 -25,64% 15,36 16,68% 10th Hydrogen, rare gases and other non-metallic elements 0,15 0,89% 2017 25,35 15,64% 7,42 13,15% 17,92 16,71% 2018 Other products 2,42 24,27 -4,23% 9,22 24,30% 14,67% 15,05 -16,04% 2019 25,14 3,56% 9,21 -0,15% 15,93 5,84% Minas Gerais (Total) 16,52 100,00% 2020 26,32 4,70% 8,25 -10,41% 18,07 13,43% Source: Comex stat (MDIC)#14FOREIGN REPRESENTATIONS The state of Minas Gerais is extremely important in the international relations scenario due to a large flow of foreign human capital. Usually concentrated in sectors such as agribusiness, steel, and mining, these resources brought several foreign representations to the state. 24 24 These international bodies offer strategic services, such as legal guidelines for the constitution of entities in Brazil or in the countries they represent and work to promote business and cultural events and meetings. CONSULATES CHIN ignature PAKISTAN INDIA VNIHO WELCOME TO SYDNE AUSTRALIA CHINA 16 SEPTEMBER 2009 INDI INDONESIA MANIL PHILIPPINES WELCOME TO SYD ARRIVAL AUSTRALIA TOMBES 2018 REPARTURE INDONESIA TÜRKIYE SEPTEMBE VIONI ANGLADE DHAKA II AUSTRALIA UNITED AAR EMIRATES DUBA PAKISTAN 5 CUMHURIYETI R28 DECEMBER 2013- - БЗГУЧИЙ BANGLADESH II DHAKA II CHINA Signatun MANILA PARTURE دهند که INDIA A VNIHO TÜRKIVE CLANIRIVET CHINA Signatur /w/2018 WELCOME AUSTRALIA SEPTEMBER 200 INDONESIA CHINA MANILA WELCOME ADES LED AR DUBAI HARRIVAL DHAKA SYDNEY AUSTRALIA CHINA DATE VA Signa II DHAKA II VIONI DECEMBER INDIA INDONESIA CHINA ignature The countries with consular representation in Minas Gerais are Germany, Argentina, Austria, Belgium, Bulgaria, Canada, Chile, South Korea, Denmark, Ecuador, Slovakia, Spain, United States, Finland, France, Guatemala, Holland, Honduras, Hungary, India, Israel, Italy, Japan, Lebanon, Luxembourg, Malaysia, Morocco, Mexico, Paraguay, Peru, Poland, Portugal, United Kingdom, Czech Republic, Romania, Syria, Switzerland, Trinidad and Tobago, Turkey, and Uruguay. According to the Consular Corps Members Association in the State of Minas Gerais ('Associação dos Membros do Corpo Consular no Estado de Minas Gerais' AMCC-MG), there are 40 countries with a consular representation in the state, whether honorary or diplomatic consulates. These consulates work to bring Minas Gerais closer to its representatives, formulating commercial, cultural, and artistic policies helping to obtain visas and other relevant guidelines for Brazilian and foreign citizens in Minas Gerais. TO LEARN MORE ABOUT THE CONSULAR CORPS OF THE STATE OF MINAS GERAIS, VISIT: http://www.corpoconsular.com.br/novo/lista-oficial/ CHAMBERS OF COMMERCE The Chambers of Commerce present in Minas Gerais provide relevant services to their members, creating a favorable environment for companies from Minas Gerais and companies in their respective countries to do business. AMERICAN CHAMBER OF COMMERCE - AMCHAM JAMCHAM 100 Brasil With more than 5,000 member companies, Amcham Brasil is the largest one in the 114 countries in which it is present. It works in the integration of Brazilian and international companies, seeking to be a content provider, facilitator of business relations, and working as a bridge for the relationship of its partners with the government and other institutions. PARA MAIS INFORMAÇÕES, ACESSE: https://www.amcham.com.br/ They support companies in prospecting for business, securely identifying partners, and supporting foreign trade, in addition to promoting relevant institutional actions and cultural integration. Among other actions: BELGIAN-LUXEMBOURGUESE-BRAZILIAN CHAMBER OF COMMERCE AND INDUSTRY 8 belgalux brasil Câmara de Comércio e Indústria Belgo-Luxemburguesa-Brasileira no Brasil and promoting business and careers among its members, who can be individuals, companies, and institutions. A non-profit association, it has been operating in Brazil since 1938, promoting and stimulating commercial, economic, and cultural relations between Brazil, Belgium, and Luxembourg. Belgalux is an active platform for networking Services range from basic legal guidelines for incorporation of companies in Brazil, Belgium, and Luxembourg to the promotion of events, business meetings, and the organization of stands at trade fairs in the three countries. FOR MORE INFORMATION ACCESS: : http://belgalux.com.br/ FRANCE-BRAZIL CHAMBER OF COMMERCE OF MINAS GERAIS - CCFB-MG G CCI FRANÇA BRASIL The member can also count on the benefit of "Les Câmara de Comércio França-Brasil Privilèges", a card that offers special conditions in various services throughout Brazil and in countries where there is a French Chamber. Founded in 1900, this Chamber brings together more than 770 members and works to promote the development of economic, financial, commercial, industrial, scientific, and cultural relations between France and Brazil. It has several regional units, including Minas Gerais. Its function is to promote events that provide members with the development of their network of contacts and access to high-level information that helps in their professional and personal performance. 25 25 In the specific case of CCIFB Minas Gerais, there is a network of collaborators who coordinate and hold events on specific themes, making it an excellent means of propagating new concepts and business management, with presentations of lectures and successful cases by specialists from different areas. FOR MORE INFORMATION ACCESS: https://www.ccfb.com.br/#15INDIA-BRAZIL CHAMBER OF COMMERCE INDIABRAZIL Chamber of Commerce SNCS 3000 Founded in 2003, the India-Brazil Chamber of Commerce is a non-profit organization that works to promote commercial and cultural relations between Brazil and India. Its main function is to help companies to develop businesses and fulfill their objectives in their respective markets. The Chamber offers strategic solutions tailored to the objectives of its members, generating, and identifying business opportunities, and platforms for expanding connections, in addition to having strategic commercial and institutional partnerships both in India and Brazil. TO LEARN MORE, VISIT: https://www.indiabrazilchamber.org/ PORTUGUESE CHAMBER OF MINAS GERAIS CÂMARA PORTUGUESA DE MINAS GERAIS The Portuguese Chamber of Minas Gerais, founded in 1996, is an association focused on increasing commercial, technological, social, and cultural relations between Minas Gerais, Portugal, and Portuguese-speaking countries. It supports international business, bringing together companies that seek a competitive insertion in the global scenario. It assumes the role of strengthening economic relations between Minas Gerais, Portugal, and entrepreneurs of Portuguese origin. Cultural and linguistic similarities bring the two countries closer together and generate new business and promising opportunities. TO LEARN MORE, VISIT: http://www.camaraportuguesamg.com.br/ 26 ITALO-BRAZILIAN CHAMBER OF COMMERCE, INDUSTRY, AND AGRICULTURE OF MINAS GERAIS CÂMARA DE COMÉRCIO ITALIANA DE MINAS GERAIS CÂMARA DE COMÉRCIO ITALIANA NO EXTERIOR The Italian-Brazilian Chamber was founded in 1995 and recognized by the Italian government in 1998. Since then, it has been part of the Association of Italian Chambers of Commerce Abroad (Assocamerestero), a collaborative network made up of 80 chambers distributed in 55 countries and with more than 25,000 members. The institution seeks to contribute strategically, serving as a business bridge for the internationalization processes of mining and Italian companies, offering specialized and customized services. It also works to facilitate relations between the two countries, encouraging the exchange of experiences in different economic sectors, acting as an intermediary for diplomatic activities, thus enabling a cooperation network. TO LEARN MORE, VISIT: https://www.italiabrasil.com.br/ INTERNATIONAL CHAMBER OF BUSINESS - CIN 2 CÂMARA INTERNACIONAL DE NEGÓCIOS A non-profit organization that works locally, nationally, and internationally to promote business development in Brazil and abroad. It offers conditions to develop the competitive potential of the business and insert it into the international market. New opportunities and challenges arise all the time and the International Business Chamber proposes to map these opportunities, preparing Brazilian companies to adapt and find success in their relationships. In this sense, the chamber helps to expand the network of connections between entrepreneurs, overcoming obstacles, in order to contribute to the development of trade and international integration. TO LEARN MORE, VISIT: https://cinbr.com.br/ 27 NETHERLANDS BUSINESS SUPPORT OFFICE NL Ne Netherlands The Netherlands Business Support Office - NBSO - form a network of 22 offices in 9 different countries, which are focused on helping Dutch companies in their international activities. The office is headquartered in Belo Horizonte, Minas Gerais, and has a representation in Porto Alegre, Rio Grande do Sul. Its function is to inform Dutch entrepreneurs how to do business in Brazil, providing privileged information about business and investment possibilities in Brazil, mainly in the places where their offices are located. It helps Dutch companies and entrepreneurs find a business partner in Brazil, provides tailored information, and provides specific market knowledge, such as laws and taxes, always on demand. TO LEARN MORE, VISIT: https://nbso-brazil.com.br/ BRAZIL-AUSTRALIA CHAMBER OF COMMERCE Desde 1988 Câmara Oficial de Comércio Brasil • Austrália Brasil Austrália Officia Chamber of Commerce The Official Chamber of Commerce Brazil-Australia was founded in 1988 and in 2014 its headquarters were transferred to Belo Horizonte. With over 30 years of experience, the organization helps bilateral relations between the two countries that have benefited both in the economic sphere and in the social, and cultural spheres. The Official Chamber of Commerce Brazil Australia's main objective is to promote and encourage the development of the relationship between the two countries, promote networking between Brazilian and Australian companies, stimulate cultural, tourist, and other types of exchange, publish economic data and other information that can contribute to mutual development and spread the marketing methods adopted in Brazil and Australia. TO LEARN MORE, VISIT: https://www.australia.org.br/#1628 CHINESE CHAMBER OF COMMERCE IN BRAZIL - CCB < CÂMARA CHINESA DE COMÉRCIO DO BRASIL between Brazilian and Chinese companies and entrepreneurs, the chamber advises its members to overcome existing cultural barriers and recommends strategic solutions to facilitate the realization of business and generation of results. The Chamber develops a personalized service to meet the needs of its members. The Chinese Chamber of Commerce in Brazil (CCB) is a non-profit institution, formally recognized by the Brazilian government and the Chinese government. Intending to foster closer commercial ties and TO LEARN MORE, VISIT: contribute to the effective generation of business https://www.camarachinesa.com.br/ PROCHILE - CHILE COMMERCIAL OFFICE OF THE MINISTRY OF FOREIGN AFFAIRS ProChile Recently opened in the city of Belo Horizonte, ProChile has 46 years of experience, contributing to the increase in exports from its country and the diversification of products for the international market. Its mission is to contribute to the development of Chile through the internationalization of Chilean companies, promote the country's image and attract investment and tourism. For this, it relies on a national and international network of contacts and specialized professionals committed to promoting business. In 2021, it developed a new approach to support companies, aiming to promote the expansion of exporting companies with greater export potential or with greater scalability in the short term. It offers a specialized and personalized service according to the profile of each company, focused on goods and services with added and innovative value, to diversify the export matrix and increase the positioning of the offer of Chilean products. TO LEARN MORE, VISIT: https://www.prochile.gob.cl/internacional/en CHAMBER OF COMMERCE, INDUSTRY, AGRICULTURE, AND STOCK BREEDING BRAZIL-MOZAMBIQUE CCIABM= Câmara de Comércio, Indústria e Agropecuária Brasil-Moçambique Bilateral relations between Brazil and Mozambique have intensified over the years, indicating a steep increase in trade and investment flows. In addition to an environment of economic growth and political stability, Mozambique has a consumer market of 22 million people, making the country a great attraction for Brazilian business. In this way, CCIABM aims to foster the socioeconomic relationship between Brazil and Mozambique, creating a favorable institutional and business environment, capable of helping to take advantage of existing opportunities. TO LEARN MORE, VISIT: http://www.cciabm.com/ BRAZIL-RUSSIA CHAMBER OF COMMERCE, INDUSTRY, AND TOURISM Палата Бразилия-Россия по торговле промышленности & туризму With 39 years of activity, the Brazil-Russia Chamber was created to develop economic, financial, investment, cultural, and sports relations between the two countries. Following the operational standard of the most structured chambers in the world, along the lines of the ICC (International Chamber of Commerce), CBR has a structure distributed in several areas, providing a variety of services for support and business development, which may vary according to the specific demands of each member. Câmara Brasil-Rússia de Comércio, Indústria & Turismo Thanks to the close ties with the governments of both countries, as well as their respective employer and business associations from different product segments, the Brazil- Russia Chamber helps its associates and partner entities to overcome cultural, social, and administrative barriers. TO LEARN MORE, VISIT: http://brasil-russia.org.br/ 29#17PRODUCTION SECTORS INNOVATION Minas Gerais promotes innovation through various projects to encourage creativity and entrepreneurship. One of these projects is the Trilha Mineira da Inovação (TMI), a strategic initiative to bring together the main institutions of the state. TMI's main function is to guide its users to find the most adequate solution to their demand at a specific time, connecting them with the various project partners. Minas Gerais also stands out for having the only Google R&D center in Latin America, the Technology Transfer, and Innovation Coordination - CIIT, in addition to Embraer's R&D center, Helibras, among others. Currently, three technology parks are in operation, in Belo Horizonte, Itajubá, and Viçosa, and another three are under construction, in Uberaba, Juiz de Fora, and Lavras. All these parks cooperate with local universities, guaranteeing permanent academic cooperation with the companies based. State companies can count on specific lines of financing for innovation. The Minas Gerais Development Bank, together with the Minas Gerais Research Support Foundation, offers pro-innovation lines of credit, aimed at companies that present innovative projects and companies that are installed in a technological park in the state. Minas Gerais concentrates on a large number of startups, second only to the state of São Paulo. The renowned San Pedro Valley can be highlighted as the most important startup community, however, there are others spread across the state: Zero40 (Juiz de Fora), ZebuValley (Uberaba), Uberhub (Uberlândia), Vale da Eletrônica (Santa Rita do Sapucaí ), Knowledge Valley (Itabira), Santa Helena Valley (Sete Lagoas), Libertas Valley (Itaúna) and Vale dos Inconfidentes (Ouro Preto). 31 INNOVATION#1832 BELO HORIZONTE'S SAN PEDRO VALLEY Elected twice as the best startup community in Brazil by the Spark Awards and among the ten most expressive initiatives in the country, the San Pedro Valley is an ecosystem located in the São Pedro neighborhood, in the Center-South region of Belo Horizonte. More than 580 technology-based companies, including accelerators, incubators, shared workspaces, and venture capital companies, make up the group. Sambatech, Hotmart, Méliuz, Rock Content, and Sympla are some of those established in the ecosystem. TEXTILE INDUSTRY CREATIVE ECONOMY The Creative Economy is any type of work, product, content, and service that has human ingenuity as its main element. The Minas Gerais Creative Industry Development Agency conducted a study on the impacts of the creative economy on the state's economic scenario. The results were 457 thousand formal jobs and about R$ 788 million in monthly income from work, which corresponds to about 10% of the total number of jobs in Minas Gerais. The creative economy of Minas is made up of more than 63 thousand companies, equivalent to 12% of creative companies in Brazil, most of which are micro and small. Although spread across all regions of the state, creative activities are concentrated in the hubs of Belo Horizonte, Juiz de Fora, Uberlândia, and Contagem. It is worth mentioning P7 Criativo, a hub of innovation and creative economy that aims to promote businesses that have creativity and innovation as key elements. Its objective is to create an active community of companies and professionals in the areas of audiovisual, fashion, software, design, communication, architecture, games, music, research and development, art, culture, and gastronomy. P7 acts as a facilitator, stimulating the emergence of ideas and synergy between businesses, in addition to connecting investors to collectives, artists, cultural groups, companies of all sizes, creators, associations, and other holders of good ideas in Belo Horizonte. TEAMWORK IDEA INFORMATION TECHNOLOGY Due to its size and even its geographical location, Minas Gerais has a strategic position in the development and implementation of Information Technology and Telecommunications. The Minas Gerais market has around 5,000 companies with annual revenues of R$2.3 billion and generates around 33,000 direct jobs. Of these companies, 70% are located in the metropolitan region of Belo Horizonte. In addition, four entities representing the IT sector (Assespro- MG, Fumsoft, SINDIFOR, and Sucesu Minas) joined the federal, state, and municipal governments of Belo Horizonte in support of the MGTI 2022 program. This program aims to place Minas Gerais in national prominence and international in the IT field. The Project is structured to train, generate business, adapt the regulatory system, and create a business center for Technology, Information, and Entrepreneurship (TIE). The textile industry in Minas is among the largest in Brazil, employing more than 100,000 people. In 2021, the industry grew by 11.4% and, together with the clothing sector, generated around 8,300 direct jobs, according to data from the Diário do Comércio. Minas Gerais represents the third-largest textile production in the country, behind only São Paulo and Santa Catarina. The fashion industry from Minas Gerais mainly exports to the United States, Argentina, Vietnam, Hong Kong, and Colombia, however, the main destinations for exporting textile products are neighboring Argentina, Colombia, Ecuador, Bolivia, and Peru. The state hosts the largest fashion business event in Latin America, the Minas Trend Preview, which is promoted by the Federation of Industries of the State of Minas Gerais (FIEMG). In two annual editions, the meeting brings together the entire chain of the fashion industry, represented by exhibitors of clothing, footwear, and accessories. 6385 1.39% +9.294336 33 33#19ELECTRONICS Minas Gerais is proud to present an Electronics Valley, often compared to Silicon Valley, present in California, United States, located in the city of Santa Rita do Sapucaí, a municipality with 43 thousand inhabitants, 387 km from Belo Horizonte. It is the first city in Latin America to have a technical school of electronics and the first faculty of Telecommunications Engineering in Brazil. Santa Rita currently houses more than 170 small and medium-sized companies in the areas of electronics, industrial automation, telecommunications, software, electromedicine, and others in the engineering area. Thanks to this diversity of companies, a productive chain was formed between government, academia, and companies. The city is home to the APL Eletroeletrônico Sul Mineiro (Local Productive Arrangement), offering products, services, and job opportunities throughout Brazil. AERONAUTICS This sector is strategic for Minas Gerais, a target of studies for intensification and viability of opportunities for several economic areas of the state. There are 86 airfields and airports, in addition to three major hubs in the sector, in the Metropolitan Region of Belo Horizonte (MRBH), in Itajubá, and in Santa Rita do Sapucaí, in the south of Minas. Important companies are present in the state: Embraer, with its R&D center in Belo Horizonte; Helibras, the only helicopter manufacturer KUSTEN CB546640 in Latin America, and GOL, which maintains an advanced maintenance center close to Belo Horizonte International Airport, in Confins. MAINTENANCE TRAINING MACHINE NUMER: S/N 212703 LANCA આવા વર્ગ કે 34 BIOTECHNOLOGY Biotechnology is the application of biological organisms, systems, or processes. Also known as "Life Sciences", it plays an important role in increasing agricultural productivity, in the areas of health and energy. The State is considered one of the largest centers of Life Sciences in Brazil, with six incubators and three accelerators, highlighting the Scientific and Technological Institutions ('Instituições Científicas e Tecnológicas' - ICTs) that Biotechnology participation in Minas Gerais Triângulo Mineiro/ Alto Paraíba are distributed throughout Minas Gerais. It is worth mentioning the city of Belo Horizonte, which has one of the main life sciences clusters in Latin America, composed of more than 300 companies that generate more than 4,000 jobs in the sector. The following map shows the regions where these institutions are concentrated: AUTOMOTIVE INDUSTRY The production of motor vehicles in the state is responsible for about 16% of the jobs generated, in addition to being the fourth largest productive sector in exports in Minas Gerais. It is the second automotive hub in the country, with Stellantis as the main company in the state. Stellantis is the result of the merger between Fiat Chrysler (FCA) and the PSA group, encompassing 20 brands of the two manufacturers, making it the fourth-largest automaker in the world. The factory's surroundings, in Betim, in the Metropolitan Region of Belo Horizonte (RMBH), are populated by hundreds of auto parts industries that serve the Italian automaker, installed in Brazil in the mid-1970s. Other important companies installed in Minas Gerais are Mercedes-Benz, installed in Juiz de Fora in 1999, and Iveco, installed in Sete Lagoas in the 2000s. Minas Gerais gains national prominence as it houses the manufacturing units of the companies GE Transportation, EMD Equipamentos e Serviços Ferroviários (a subsidiary of Caterpillar) for the production of locomotives. The two companies - both American - are the only manufacturers in the country of locomotives for freight trains. ** Zona da Mata 1 1 Incubators Poles Campo das Vertentes Parks 1 1 Accelerators Região Metropolitana de Belo Horizonte (RMBH) 11 Source: Biominas Brazil, 2016 VEHICLE CHASS FRAME ELECTRIC POWER CONERANT *COOLING FAN VEHICLE SUSPENTION CONSTRUCTION 35 35#20MINING Due to its vast territorial extension, Brazil has several types of geological formations, causing a relevant mineral diversity for the sector. Minas Gerais corresponds to 53% of the country's iron ore production and 29% of the ores in general, in addition to being the largest extractor of phosphate, gold, zinc, and niobium. In the case of niobium, Minas Gerais produces the equivalent of 75% of what is produced in the world. Several other minerals are produced in the state, such Distribution of the production of some mineral goods in Minas Gerais as bauxite, manganese, palladium, silver, dolomite, phyllite, quartz, limestone, lead, feldspar, granite, zirconium, cobalt, sulfur, nickel, barite, and manganese. In 2021, the most exported item in the state was iron ore, corresponding to 48% of the total exported by the state. The map below shows the distribution of production of some minerals by the state: Limestone Graphite, granite, kaolin. CONSTRUCTION It is a very important sector for the economy of Minas Gerais for generating jobs and being a source of innovation and evolution. Large companies are present in the production chains, developing from raw materials and inputs to real estate for the real estate market and large-scale public works, improving the state's infrastructure. This sector is extremely important because, in addition to contributing to the reduction of the Brazilian housing deficit, it helps to move other service chains: financial, commercial, technological, transport, consulting, and training. Minas Gerais also has a growing number of sustainable constructions that promise not only to benefit the environment but also to promote cost reductions from the construction phase to the project's life cycle. The LEED (Leadership in Energy and Environmental Design) and AQUA (High Environmental Quality) certifications and adapted Brazilian version of the HQE (Haute Qualité Environnementale), present parameters to be considered in the construction of works with better environmental management. The Aqua-HQE certification process arrived in Brazil in 2008. It is applied exclusively by the Vanzolini Foundation, which adapted the French process to Brazilian culture, climate, and legislation. 36 36 Niobium, Phosphate, Barite. Gold, Zinc, Lead, Limestone. Diamond Gold, Diamond, quartz. Granite,feldspar, Basalt Aluminium, Granite, Quartzite, Mineral Water. O mica, quartz, gems, kaolin. Iron, Gold, Manganese, Aluminium, Quartzite, Quartz, Emerald, Topaz, Talc, Mineral Water. Aluminium, Granite, Mineral Water, Kaolin Limestone, Slate, Marble, Philite, Agalmatolite. Source: SMA/ALMG SFETY FIRST SAFETY. 37 37#21AGRICULTURE AND STOCKBREEDING Minas Gerais agribusiness is one of the sectors that stand out internationally in the state, being one of the pillars of exports. Diversity and wealth are the anchors that prevent greater retractions in unfavorable periods internationally, as was the case in recent years. According to data from the Federation of Agriculture and Livestock of the State of Minas Gerais (FAEMG), the sector moved R$ 120.061 billion. A highlight for Minas Gerais agribusiness has been foreign trade, which in 2021 exported the equivalent of US$ 9.51 billion, up 19.2% compared to 2020, according to FAEMG data. This rise can be blamed on the appreciation in the price of commodities, which were exported to 176 different countries, with China being the main buyer. Stockbreeding in Minas Gerais YEAR 2020 Ranking Product Production 1st - Milk 9.7 billion liters 1st Milked cows ་ 3.1 million heads 38 1st - Horse Breeding Minas Gerais Grain Agriculture Production Participation MG / Brazil 27,3% millions of tons 16,8 15,8 14,2 14,4 13,7 12,0 12,1 11,7 11,8 11,8 10,3 10,5 10,2 10,7 19,3% 9,5 8,6 corn, soybeans, beans, sorghum, wheat, seed cotton, rice, sunflower, oats, and peanuts million hectares 828.3 thousand heads 13,9% 39 3,9 2,8 2,8 2,8 2,8 2,8 2,8 2,8 3,0 3,2 3,2 3,2 3,2 3,4 3,2 3,5 4th Herd of cattle 22.2 million heads 10,2% 3rd Chicken eggs 405.7 million dozen 8,5% 3rd Quail eggs 50.4 million dozen 17,0% - 4th Pig farming 5.2 million heads 12,7% 5th - Poultry* Source: IBGE PPM (2020) 20.3 million heads 8,1% *Poultry: Chicken, roosters, hens, and chicks 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 肉 KORNE#2240 40 Minas Gerais Exports Main Agribusiness Products 2020 (Jan to Dec) US$ 8.7 Billion 43,9% 2020 (Jan to Dec) US$ 10.5 Billion 20,79% 42,4% 22,8% 11,8% 11,2% 4,3% 0,9% 6,1% 12,2% 4,7% 0,9% 7,0% 11,0% Coffee Soy Complex Meat 200 sugar and alcohol complex forest products fibers and textiles Others Source: Aliceweb - MDIC#23THE REGIONS OF MINAS THE VARIOUS REGIONS OF MINAS GERAIS Due to the territorial extension (586,520 km²) and the number of municipalities (853), Minas Gerais is divided into 12 mesoregions, with diverse cultural, climatic, and geographic characteristics. Each of them developed in different ways, as highli- ghted below: 1. 20 Campo das Vertentes Central Mineira 43 3. Belo Horizonte Metropolitan Area Northwestern Minas 5. Northern Minas 6. Western Minas 7. Southern Minas 8. Triângulo Mineiro 9. Jequitinhonha Valley 10. Mucuri Valley 11. Rio Doce Valley 12. Zona da Mata#2444 Nominal GDP 2018 and Per Capta GDP 2018 GDP and GDP per capta Mesoregions 2018 Mesoregion Field of Strands Nominal GDP(R$1,000) % PIB per capita (R$) 12.511.192,56 2,0% 687.707,64 Central Mining Jequitinhonha 11.845.752,82 1,9% 634.686,31 7.912.472,02 1,3% 523.639,80 Metropolitan of Belo Horizonte 245.845.249,04 40,0% 3.173.375,20 Northwest of Minas 13.474.087,54 2,2% 535.050,28 North of Minas 26.288.414,87 4,3% 997.016,90 west of Minas 26.349.968,00 4,3% 1.080.355,20 South/Southwest of Minas 78.084.829,77 12,7% 3.184.109,56 Triângulo Mineiro/Alto Paranaíba 103.097.212,47 16,8% 2.641.980,67 Mucuri Valley 5.326.221,81 0,9% 236.471,81 Rio Doce Valley 36.364.228,03 5,9% 1.318.454,76 Wood zone 47.776.190,88 7,8% 2.070.126,15 Minas Gerais (Total) 614.875.819,80 100,00% 17.082.974,28 Source: IBGE / João Pinheiro Foundation (FJP) / IMF KB06448 EDDOLLARS ES B Nominal GDP 2018, Per Capta GDP 201 GDP and GDP per capta of main municipalities 2018 County Belo Horizonte GDP Nominal % GDP per capta 91.957.092,00 14,96% 36.759,66 Uberlândia Contagem 37.442.791,00 6,09% 54.801,25 27.731.703,00 4,51% 42.077,02 Betim 25.483.677,00 4,14% 58.911,58 Juiz de Fora 16.923.044,00 2,75% 29.988,91 Other Municipalities Minas Gerais 415.337.513,00 614.875.820,00 67,55% 100,00% 17.082.974,28 Source: IBGE / João Pinheiro Foundation (FJP) / IMF LEGAL SOLUTIONS ON A GLOBAL SCALE • Foreign Investment in Brazil Internationalization of Companies • Cross-Border Deals © M&A • Tax Low • Corporate Commercial Law • Litigation and Arbitration ● Employment Law 45 010 11 10 10 01 01 11001 0100 010 11 10 100101 11001 0100 107 OD A10 A101 110 01 0100 São Paulo: +55 (11) 3078-3134 Belo Horizonte: +55 (31) 2552-2009 www.manucciadv.com.br Belo Horizonte São Paulo - Paris in/manucciadvogados H MANUCCI ADVOGADOS UGGCAVOCATS#2546 46 CAMPO DAS VERTENTES CENTRAL MINEIRA A region whose economic basis is livestock, even though there are still industrial activities in the region, mainly in Barbacena and Lavras, which include companies in the cement, non- metallic minerals, auto parts, food, and footwear segments. Tourism is growing in the region, especially in the cities of São João Del Rei and Tiradentes, which receive increasing numbers of tourists attracted by the historical and architectural richness of these cities from the Brazilian colonial period. Other important points to attract tourism to the region are cultural attractions and ecotourism. This region is responsible for most of the iron ore extracted in Minas Gerais, being explored by large companies, such as Vale S/A and CSN. Other metallic and non-metallic minerals are explored and processed in the region. In this group, one can identify companies such as the gold producer AngloGold Ashanti, the cement companies Brennand Cimentos, Cimentos Liz, and Lafarge-Holcim, the lime producer Mineração Lapa Vermelha, and RHI Magnesita, a refractory producer. Milk Meat Sugarcane Liquor Xavier Chaves Barbacena Antônio Carlos Mining Campos das Vertentes Nominal GDP (2018) %(in Minas) 12.511 2,0% Per capita GDP(RS$) 687.707 (Nominal GDP US$1,000,000) Três Marias Central Region Mining Nominal GDP(2018) %(in Minas)) 11.845 1,9% 634.686 (Nominal GDP US$1,000,000) 47#2648 BELO HORIZONTE METROPOLITAN AREA NORTHWESTERN MINAS The Metropolitan Region of Belo Horizonte (MRBH) stands out in the service sector, which stems from the fact that Belo Horizonte is the capital of the state and the largest commercial, financial, educational, and medical center in the state. The abundance of raw materials in the area enabled the emergence and growth of an expressive metallurgical park around Belo Horizonte, with many industries focused on the production of ferroalloys, castings, steel, capital goods, and various products, added to the second-largest Brazilian automotive hub. It is also worth mentioning the Biotechnology and Life Sciences cluster in the MRBH, which is one of the two largest in the country in terms of the number of companies. Although most of the companies in this cluster are small, some stand out in this scenario and stand out nationally in the segments in which they operate, such as the Hermes Pardini Laboratory, St. Jude Medical, and Belfar Indústria Farmacêutica, Hyporfarma, Hipolabor, and Ceva Brasil. The Northwest of Minas has great strength regarding agribusiness. The region has the greatest potential for expanding agricultural and livestock activities in the entire state. Regarding the industrial sector, the main companies are in the field of the agriculture industry and mineral extraction focused on gold and zinc. Some of them are WD Agroindustrial, Bioenergética Vale do Paracatu, Cooperativa Agropecuária de Unaí Ltda., Cooperativa Agropecuária Vale do Paracatu Ltda., Kinross Gold and Nexa Resources. Conceição do Mato Dentro Contagem Minas Betim Caetanópoles Sete Lagoas Ribeirão das Neves Santa Luzia São Gonçalo do Rio Abaixo Belo Horizonte Sabará Nova Lima tatatiaiuçu Ibirité Alvinópolis Bruma- dinho Itabirito Santana dos Montes Mining Sugarcane Liquor Automotive Textile Beer Coffee Meat Milk Grains Metropolitana de Belo Horizonte Nominal GDP (2018) %(in Minas) 245.845 40% Per capita GDP(RS$) 3.173.375 (Nominal GDP US$1,000,000) Mining Paracatu Vazante Northwest of Minas Nominal GDP (2018) %(in Minas) 26.288 4,3% 997.016 Per capita GDP(RS$) (Nominal GDP US$1,000,000) 49#2750 50 NORTHERN MINAS The Northern region has extensive areas covered by pastures intended for cattle raising, which is an important sector for the region. There are also large forest plantations for the production of charcoal, in addition to a large fruit production hub, thanks to the São Francisco River and its tributaries that cross the region. The North of Minas also has important clusters of potters and clothing, artisanal production of cachaça, specifically in Salinas, a city internationally recognized by lovers of this drink for the high quality of its production. This region stood out in projects aimed at the production of photovoltaic renewable energy. The companies Portal Solar and Brookfield Energia Renovável will build the largest solar energy park in the Americas, which will be installed in the region. The project's energy production will supply more than 1.2 million families and is expected to come on stream in 2023. WESTERN MINAS The strong point of the Western Region of Minas is the Local Productive Arrangements ('Arranjos Produtivos Locais' APLS). The most relevant of them is composed of about 1200 companies located mainly in the municipality of Nova Serrana and its surroundings. The Nova Serrana APL is the main footwear hub in Minas Gerais and one of the three main ones in the country and is made up of micro and small companies. Some of the largest companies in Oeste de Minas belong to the foundry APL - located in Divinópolis, Itaúna, and Cláudio - and to other sectors that are part of the metallurgical industry. In the municipalities surrounding Arcos, the mineral extractive industry is mainly focused on the exploitation of limestone, which is of great importance to the regional economy. In a beautiful national park located in Serra da Canastra, the municipality of São Roque de Minas is the source of the Francisco River, one of the most important in Brazil and essential for the supply of water and electricity in the Northeast Region. Textile Fruit Sugarcane Liquor Meat Jaiba Januária Pirapora Talobinha Janaúba Salinas Montes Claros North of Minas Nominal GDP (2018) 26.288 %(in Minas) Per capita GDP(RS$) 4,3% 997.016 (Nominal GDP US$1,000,000) Textile Beer Itaúna Formiga West of Minas Nominal GDP(2018) %(in Minas) 26.349 4,3% Per capita GDP (RS$) 1.080.355 (Nominal GDP US$1,000,000) 51#2852 SOUTHERN MINAS The South of Minas is the main agricultural producing region in the state, contributing more than 20% to the generation of the GDP of this sector in Minas Gerais. Coffee production is the most important agricultural activity. The region is responsible for about 25% of all Brazilian production of this commodity. The region benefits from being located between the three main Brazilian metropolises. This factinfluences the economy, which is polarized by the São Paulo megalopolis (RMSP), but which also receives stimuli from the metropolitan regions of Rio de Janeiro (RMRJ) and Belo Horizonte (MRBH). TRIÂNGULO MINEIRO The Triângulo Mineiro region stands out for being the largest producer of cereals in the state and has great strength in the sugar and alcohol sector, processing most of the state's sugar and alcohol production. In addition, the Triângulo has the largest cattle herd in the state and the second-largest coffee harvest. The main production hub of phosphate fertilizers in Brazil is also located in the Triângulo, especially in Uberaba. The company Mosaic is in charge of the production, which operates both in Uberaba and in Tapira, Patrocínio, and Araxá. The city of Uberlândia is home to important wholesalers, which are among the largest in Brazil, such as Martins, União, and Peixoto. It is the largest logistics center in the interior of the country due to its central geographic position among the main producing and consuming centers. Grains Coffe Alfenas Varginha Mining Automotive Poços de Caldas Pouso Alegre South of Minas Nominal GDP(2018) %(in Minas) 78.084 12,7% Per capita GDP(RS$) 3.184.109 (Nominal GDP US$1,000,000) Araguari Patos de Minas 53 Ituiutaba Patrocínio Uberlândia Prata Campina Verde Iturama Araxá Mining Coffee Milk Meat Grains Sugarcane Liquor Triângulo Mineiro Nominal GDP(2018) %(in Minas) Per capita GDP(RS$) 103.097 16,8% 2.641.980 (Nominal GDP US$1,000,000)#29JEQUITINHONHA VALLEY MUCURI VALLEY Jequitinhonha Valley presents great opportunities in the mineral extraction sector, explored by Cia. Nacional de Grafite and Lithium through the Campanha Brasileira de Lítio (CBL). Although lithium is already being used by CBL, the existing mineral reserves in the area reveal potential for better exploration. The Jequitinhonha Valley has the highest concentration of family farming nuclei in the state, with around 78,000 farmers, which is equivalent to 9% of the state's production. Another important highlight is the investments made by Sigma Mineração to extract lithium in the region. The sum of investments by this company exceeds R$ 1.2 billion and the forecast is that this project will generate more than 6 thousand jobs. The territory of Mucuri occupies an area of 23.2 thousand km², with 27 municipalities and a population of 370 thousand people. The Mucuri River is a component of the Doce, São Mateus, Itanhém, Jequitinhonha, Peruípe, Itaúnas river basins and reaches 60% of the municipalities in the region. The Government of Minas started a development plan for the North and Northeast of Minas Gerais, which foresees an investment of R$ 1.43 billion and the generation of 143 thousand jobs. The main destination of this investment is infrastructure works, such as paving roads and expanding the energy distribution network. 54 54 Coffee Jequitinhonha Valley Nominal GDP(2018) 7.912 %(in Minas) 1,3% Jequitinhonha Per capita GDP(RS$) 523.639 (Nominal GDP US$1,000,000) Agriculture Mucuri Valley Nominal GDP(2018) 5.326 %(in Minas) 0.9% 236.471 Per capita GDP(RS$) (Nominal GDP US$1,000,000) Vale do Mucuri 555 55#3056 RIO DOCE VALLEY ZONA DA MATA The main companies installed in the state are located in the region, such as the steel company Usiminas, Aperam South America, and Celulose Nipo-Brasileira S/A (Cenibra). The wide availability of steel inputs is an important factor for the densification of the metallurgy production chain and this context provides the application of great advances, improving the sector. It is worth mentioning the presence of stainless-steel processing companies, which use the raw material supplied by Aperam South America, the only producer in Latin America of stainless and silicon flat steels. The most representative industrial segments in the region are metallurgy, textiles and clothing, furniture, and food. The industry in Zona da Mata developed from the installation of spinning and weaving factories. Currently, the textile and clothing chain continues to be important for many municipalities in the region. As for the metallurgical chain, including transport material, Zona da Mata has large production units of the companies Votorantim Metais Zinco, ArcelorMittal Brasil, Codeme Engenharia S/A, Dow Coming Silício do Brasil S/A, in addition to the Mercedes Benz plant, in Juiz de Fora. The government of Minas Gerais announced an economic recovery plan for the Zona da Mata that will allocate around R$ 50 million in investments to cities in the region. The focus of the recovery plan is to create a favorable environment for job creation and investment attraction. The plan promises to reduce bureaucracy in the business environment and provides for work in several cities. Mining Beer Ipatinga Timóteo Rio Doce Valley Nominal GDP (2018) %(in Minas) Per capita GDP(RS$) 36.364 5,9% 1.318.454 (Nominal GDP US$1,000,000) Meat Milk Textile Mining Beer Ponte Nova Viçosa Cataguases Juiz de Fora Matias Barbosa Zona da Mata Nominal GDP(2018) 47.776 %(in Minas) 7,8% 2.070.126 Per capita GDP(RS$) (Nominal GDP US$1,000,000) 57 57#31120101110101010010010101010100101 1101010111001010111101010020011011 111110110110101110110101101010101101 1111111000101011111101 010110101111 101011101011010110101011001111110101 1111110101010110101010110101011111111 LOADING 100% 12010111010101001 0010101010100101 1201011 0101010010010101010100101 110101011100101011 1101010020011011 111110110110101110110 101101010101101- 10101011010101011010101010101010111111101010101010110101010110101 101011101011010110101011001111110101 1111110101010110101010110101011111111 01100111101- 111111010101011010101 0110101011111111 12010111010101001 120101110101010010010101010011 11010101110010101111010 je 923 PALL 1111101 01101011101101010101 11111110001010111111011010'14 10101101011010110101 11111 001010110101010 1201 001010101 11010101110 110101002001 11111011011010 1011010101011 1111111000101 10110101111 101011101011 91.0.0.11111107 0014111010101 110bt 01111 11111010110101110110 101101010101101 111111130010101111110110 10110101111 101011101011010 (10101 01199 11111010 101011010101 12010111010101001 001010 010100101 11010 1011100101011 1101010020011011 111110110110101110110 101101010101 101011111011010110101 01100111111010 111111010101011010101 OTEDTOY OTTYTI LOGISTIC AND TRANSPORT INFRASTRUCTURE 101010101 010020011011 1101010101101 21010110101111 110011111 0101 1010 101111111 11111 0010 01010100 1010010 1020010 11011010111 101101010101101 111110001010111 101101011113 101011101011010110101 511001111110101 111111010101011010101 5110101011111111 ETWORK SEARCH LE DIETICIO FUMMLY 01110101010101010101010019 1011100101011 010 110110 01110110101 11010101010101011 -CULTUR -ECONOM -FINANC 01010101 PEOPLE FORUMS ATL HOP UY SHLE -TUTORI INVEST -NETUOR 12010111010101001001010 11010101110 01010111 01010 11111011011010111011010110 1111111000101011111101010 1010111010110101101010110 1111110101010110101010110 WOREDS 120101110101010010 010101010100101 11010101110010101101010020011011 1111 0110110101110110101101010101101 1111111000101011111101101010110101111 10101110101101011010101001111110101 1111110101010110101010110101011111111 120 011101010001 001010101010101 110101011100101011 Earlan Bild1010010010101010100101 10110 019181P1001010111101010020011011 +011016111111000101011111101101010110101111 1010111010101010110101011001111110101 ++6011111169 691010110101010110101011111111 0110101011111114 11111010101011010101 1201011101010100100010 Minas Gerais is a state in the Southeast Region that has a strategic geographic location in relation to its neighbors, making it a large corridor that connects different regions of the country. The state borders São Paulo, Rio de Janeiro, Espírito Santo, Bahia, Goiás and Mato Grosso do Sul, in addition to being close to the Federal District. The riches contained in the state and the need to explore all its economic potential require a robust logistical structure, capable of catalyzing good business for Minas Gerais. FOR MAIL -SHOP -BUY 110 PEOPLE SHOP BUY RLE NEWS M -SHOW BUSINE -NETWORK MUSIC - CINEMA BUSINESS/FINANE -WORLD NEWS 1010020011 1010 1011111110101010101011010101011010101010 1010020011011 11011010101110110 101015011D 1110001010111111011010 10101111 1111110101010101011010101 120101 1101010 1001010101010010 110101101010 1111111000101011111101101010110101111 10101110101101011010101100111 1111010101011010101011010101 59 111#3260 GROUND TRANSPORTATION MATO GROSSO DO SUL GOIÁS BRASÍLIA MINAS GERAIS 346 BAHIA ESPÍRITO SANTO HIGHWAYS Rodovia Fernão Dias (BR 381): It connects the metropolitan regions of Belo Horizonte and São Paulo, being one of the most important freight transport axes in all of Brazil. This highway cuts through the South of Minas, the main coffee producing region in the world, and which has important industrial parks. BR-040 - Rio de Janeiro - Belo Horizonte - Brasília: With 1,148 km, 716 km of which in Minas Gerais territory, this important national highway crosses relevant industrial and agricultural centers, in addition to mineral extraction areas. It is the main access route to the historic cities of the state. Rio-Bahia (BR 116): Connects the Northeast to the Southeast and South of the country. In Minas Gerais territory, it crosses the Zona da Mata and the valleys of the rivers Doce, Mucuri and Jequitinhonha. BR 262: Connects the Espirito Santo port complex to the Midwest region of the country, the main grain-producing area in Brazil. MG-050: State highway, with a total length of 406.7 km, connecting the Metropolitan Region of Belo Horizonte to São Sebastião do Paraíso, a municipality close to the border with the state of São Paulo. BR-050: Connects São Paulo to Brasília (Federal District) and crosses the Triângulo Mineiro region. 716 km 156 040 135 158 262 524 km BELO HORIZONTE 262 VITÓRIA 586 km SÃO PAULO 434 km 262 RIO DE JANEIRO RIO DE JANEIRO SÃO PAULO The government of Minas Gerais has a Road Concessions Program prepared by the State Secretariat for Infrastructure and Mobility (Seinfra), which was launched in May 2019 and seeks to attract investments to state road lots, generating jobs and boosting the development of the state. In 2021, a round of talks began to grant a network of 3,250 kilometers, covering about 120 municipalities and benefiting more than 5 million people. The objective of the program is to offer technical, economic, and legal subsidies to promote and improve the quality of services without harming the public purse. Other important aspects of the program are the optimization of existing contracts, reimbursement to concessionaires providing services in force, improvement in the governance of public works, and the adoption of preventive measures for the conservation of works. 61#3362 62 RAILROADS In Minas Gerais, there are 2,500 km of highways in operation, about 8% of the total existing in Brazil. These railways are operated by three companies, MRS Logística S/A, Ferrovia Centro- Atlântica S/A and Valor Logística - VLI. Minas Gerais presents the Railway Strategic Plan (PEF), which has helped to diversify the state's transport matrix. In 2022, two companies signed protocols of intent to make investments in the sector. The companies are Macro Desenvolvimento and Petrocity Ferrovias, which will invest, in Minas Gerais alone, R$13 billion and R$16 billion, respectively. MRS LOGÍSTICA S/A MRS Logística is an extremely important railway operator for Minas Gerais. Going through the three main states of the Southeast: São Paulo, Rio de Janeiro, and Minas Gerais. In Minas, this line is one of the main ones in the State, going from the Metropolitan Region of Belo Horizonte to the Zona da Mata, supplying several municipalities. According to data from MRS Logística, 16% of the national rail fleet belongs to them, with more than 18 thousand wagons and 800 locomotives. There is a total of 1,643 km of lines that run through São Paulo, Rio de Janeiro, and Minas Gerais, with the main products: containers, steel products, cement, bauxite, agricultural products, and coal. INTEGRATED LOGISTICS VALUE - VLI Operating long-distance trains, Valor Logística Integrada supports Vale S/A's operations in Minas Gerais, on the Vitória- Minas Railroad. It has a length of 905 km, connecting the iron ore operations with the Port of Tubarão, in Espírito Santo. According to company data, around 135 million tons of goods are transported annually, with a variety of more than 60 different products, such as steel, coal, limestone, granite, and containers, among others. CENTRAL ATLANTIC RAILROAD - FCA It is one of the largest railway lines in Brazil, with 7,080 km in length. It covers the states of Minas Gerais, Goiás, Rio de Janeiro, Bahia, Sergipe, and the Federal District, connecting with the seaports of Rio de Janeiro, Vitória, Angra dos Reis and Salvador. Due to its wide extension, the railroad connects with several other rail networks, being one of the main connection points between the regions of Brazil, such as the Southeast, Midwest, and Northeast. Among the main loads transported by this line, which is one of the main railways in Minas Gerais, are agricultural products, oil, cement, and grains. ן כוכרס AIR TRANSPORT AIRPORT INDUSTRY The main airport in Minas Gerais was granted to the company BH Airport on November 22nd, 2013. The project to modernize, expand and maintain the Belo Horizonte International Airport foresees considerable investments for the 30-year concession period. BH Airport relies on the experience of its shareholders to transform the Airport into a true "airport city" that is truly ready for the world. Currently, the airport receives 22 million passengers per year, 26 boarding points, and 17 passenger inspection channels, in addition to having more than 40 direct destinations, making it the airport with the largest number of destinations in the northeast and southeast of Brazil. It is the only Brazilian airport operating as an industrial airport, with more than 1 million m² destined for the industry. Its objective is to connect companies, customers, and suppliers in an agile, simple and secure way, ensuring high efficiency in the logistics chain and a better cost-benefit ratio to facilitate the entry of products into the market. The capital of Minas Gerais also has Pampulha Airport, used for regional flights and executive aviation. This airport was granted to BH Airport in October 2021 and there is a forecast of BRL 151 million in improvements to the terminal over the 30 years. fea 3702-1 3702-1 62724 18272 रा BY SKY, LAND AND SEA @bhairport.oficial /oh-airport @bhairportoficial @bhairport OMBUDSMAN 0800 037 1547 WE CONNECT YOU TO THE BEST OPPORTUNITIES. Talking about imports and exports solutions to and from Brazil We are the main International Multimodal Logistics Hub in Minas Gerais State and we offer a complete portfolio solutions to connect your company in Brazil and to the world, adding greater value to your business. With a strategic location we are capable to develop customized solutions for your logistics, connecting fastly Minas Gerais to other regions of Brazil and to the main global air cargo hubs, such as Lisbon, Miami and Panama. Volga Dnepr www.wganept.com A look at the industrial sector Quality infrastructure with high logistical efficiency, bringing with it all the advantages of the first and only Industrial Airport in Brazil. HUB LOGÍSTICO MULTIMODAL INTEGRATED GLOBAL. Aeroporto Internacional de Belo Horizonte Contact us. New businesses are at Belo Horizonte International Airport. 63#3464 AIRPORTS IN THE INTERIOR OF MINAS GERAIS Minas Gerais also has several other airports that operate in the countryside of the state with regular air transport lines. Cities that have airports are Montes Claros, Uberlândia, Uberaba, Araxá, Patos de Minas, Poços de Caldas, Varginha, Pouso Alegre, Divinópolis, Juiz de Fora, São João Del Rei, Ipatinga, Governador Valadares and Diamantina. Montes Claros Diamantina Uberlândia * Uberaba Patos de Minas * Belo Horizonte Araxá * Gov. Valadares Ipatinga Belo Horizonte Divinópolis Passos São João Del Rei Juiz de Fora Varginha Pouso Alegre CONNECTION WITH SEA PORTS CUSTOMS STRUCTURE As the state does not have a coastline, the presence of dry ports in Minas Gerais is important. The objective is to accelerate the customs clearance processes, together with the units of the Customs Industrial Logistic Center (CLIA) and the Special Area for Customs Clearance of Export (REDEX). These ports are located in the cities of Betim, Juiz de Fora, Pouso Alegre, Uberaba, Uberlândia and Varginha, as shown in the following map: PSC Terminais Internacionais Ltda PSC Terminais Internacionais Ltda Porto Seco do Trângulo Ltda Usifast Logística Industrial S/A Cooperativa Regional de Cafeicultores em Guaxupé Ltda. Armazéns Gerais Sul das Gerais Ltda Tora Logistica Armazéns e BH Terminais Multimodais S/A Armazéns Gerais Agrícolas Ltda. Multiterminais Alfandegados do Brasil Ltda. Customs Logistics and Industrial Center (Centro Logístico e Industrial Aduaneiro - CLIA) Dry ports REDEX LOGISTICS OPERATIONS IN MINAS GERAIS ARE INTEGRATED WITH SEAPORTS IN SÃO PAULO - PORT OF SANTOS, RIO DE JANEIRO - PORT OF AÇU, AND ESPÍRITO SANTO - TUBARÃO COMPLEX. PORT OF SANTOS Considered the largest port complex in Latin America, it corresponds to almost a third of Brazilian trade. Managed by Companhia Docas do Estado de São Paulo (CODESP), it is located 70 km from the largest consumer and producer market in the country, Greater São Paulo. The flow of cargo from the branches of MRS Logística and Ferrovia Centro Atlântica S/A (FCA) is carried out via rail to the complex, which is the largest exporter of coffee beans, soybeans, corn, automobiles, and industrialized products in general. PORT OF VITÓRIA Located in the state of Espírito Santo, it is home to the Tubarão Complex, the largest pellet producer in the world, in addition to containing the largest rail yard in Latin America which, together with the eight pellet plants owned by Vale S/A, produces 20 million tons per annum. In addition, Tubarão Complex was designed with a concern with environmental aspects, investing R$ 700 million in environmental improvements and controls to reduce dust emissions, water consumption, and reuse of waste produced. PORT OF AÇU A modern port-industry complex, Porto do Açu is one of the largest infrastructure complexes in the country, installed in São João da Barra, in the north of the state of Rio de Janeiro. This port has ample potential to maximize the logistics operations of mining companies, both through the flow of production and through the importation of inputs and resources. It has the third-largest iron ore terminal in Brazil, responsible for 25% of Brazilian oil exports. It built the largest thermal park in Latin America, houses the largest offshore support base in the world, and is already the third-largest national port in terms of cargo handling. The port has an Export Processing Zone, which is ideal for serving industries such as metal mechanics, mining, ornamental rocks, petrochemicals, and agroindustry. It is a world-class port for having partnerships with the Port of Antwerp International (PAI) in Europe, the Port of Houston in the United States, and the Port of Guangzhou in China. Image: Porto do Açu 65#35MRA BUSINESS ENVIRONMENT ED. DONA JULIA NUNES GUER, A For those who know Minas Gerais, the favorable business environment in the state is not surprising. Its ability to keep traditions in congruence with innovations is a big part of that success. 'Minas' appears as the second-best business environment in Brazil according to Doing Business Subnational 2021, a ranking created by the World Bank, which assesses the business environment in the country. The institution assesses regulatory obstacles and best practices in the 26 states and the federal district, based on starting a business, obtaining a construction permit, re- gistering properties, paying taxes, and executing contracts. Based on these criteria, it can be concluded that Minas Gerais is the second easiest state to open and maintain a business, behind only São Paulo. 67#3668 SUPPORT INSTITUTIONS ACMINAS COMMERCIAL AND BUSINESS ASSOCIATION OF MINAS Active in Minas Gerais as a representative of the business class for over a century, its objective is to promote progress and economic development in Belo Horizonte and Minas Gerais. Its members can benefit from economic and legal advice, business mediation chambers, digital certification, registration consultations, ACMinas Journal, advertising spaces, incentives for the use of renewable energies, and projects to support internationalization. Website: www.acminas.com.br BDMG NATIONAL DEVELOPMENT BANK OF MINAS GERAIS This is the official player of Minas Gerais in the operations of public concessions in the Public-Private Partnership (PPP) model. In addition, it supports the public and private sectors, offering credit to companies of all sizes and sectors, city halls, and municipal public service concessionaires. CODEMGE MINAS GERAIS DEVELOPMENT COMPANY A state-owned company that is part of the Indirect Public Administration of the State of Minas Gerais. Its objective is to contribute to the development of 'Minas', fostering an environment of efficiency, simplification, and sustainability, in an attempt to generate greater value for the shareholder. It develops projects in the areas of aerospace, automotive, mining, metallurgy, energy, infrastructure, logistics, electronics, telecommunications, chemistry, security, medicines, biotechnology, and the environment, among others. Website: www.codemge.com.br FIEMG - STATE OF MINAS GERAIS INDUSTRY FEDERATIONS It represents the industrial sector of Minas Gerais, acting in the defense of its interests locally and nationally. It works in advising and consulting in the areas of credit, financing, tax, environment protection, and labor. It is through the entities that make up FIEMG that it can meet the demands of industry and society: Minas Gerais Industrial and Business Center (CIEMG), Social Service for Industry (SESI), National Service for Industrial Learning (SENAI), and Instituto Euvaldo Lodi (IEL). Its work is based on impact, competitiveness, partnership, and culture of results presenting a strategy in line with the '2030 Agenda' and the Sustainable Development Goals (SDGs) adopted by Brazil and other member countries of the Website: www.fiemg.com.br United Nations (UN). The bank seeks to increase its operations innovatively, to improve the quality of life in Minas Gerais. Website: www.bdmg.mg.gov.br INVEST MINAS - MINAS GERAIS INVESTMENT AND FOREIGN TRADE PROMOTION AGENCY The agency works for the development of Minas Gerais by attracting investments, promoting exports, and supporting companies located in the state. In addition, it has been acting as director of the World Association of Investment Promotion Agencies (WAIPA) in Latin America, projecting Minas Gerais internationally and enhancing its work. It is linked to the Minas Gerais State Secretariat for Economic Development (SEDE) and maintained by the Minas Gerais Economic Development Company (CODEMIG) and the Minas Gerais Development Bank (BDMG). Website: www.indi.mg.gov.br SEBRAE - Brazilian Support Service for Micro and Small Enterprises Acting as a driving force behind the entrepreneurial movement in Minas Gerais, SEBRAE offers innovative products and solutions for those who want to open, diversify, expand or recover a business. They articulate efforts and resources with the government, the private sector, and civil society to boost small businesses, one of the main generators of employment in Brazil. The Support Service for Micro and Small Enterprises is headquartered In Belo Horizonte, reaching 853 municipalities in Minas Gerais with services in nine different regional offices. In addition to serving companies separately, the project tries to develop and disseminate public policies that favor the growth of small businesses. Website: www.sebrae.com.br ACMinas ASSOCIAÇÃO COMERCIAL E EMPRESARIAL DE MINAS DESENVOLVIMENTO COM JUSTIÇA SOCIAL >BDMG 00 INVEST MINAS CODEMGE Companhia de Desenvolvimento de Minas Gerais FIEMG PELO FUTURO DA INDÚSTRIA SEBRAE 69#37HOW TO SET UP FOREIGN COMPANIES IN MINAS GERAIS 1st STEP: DEFINITION OF THE LEGAL STRUCTURES FOR BUSINESS MOST COMMON TYPES: ⚫INDIVIDUAL ENTREPRENEUR (EI) ⚫INDIVIDUAL LIMITED LIABILITY COMPANY (EIRELI) ⚫LIMITED COMPANY (LTDA) •CORPORATION (SA) ⚫SOLE PROPRIETORSHIP LIMITED (SLU) 2nd STEP: CONSULAR LEGISLATION FOR DOCUMENTATION COPY OF FOREIGN PARTNERS 3rd STEP: SWORN TRANSLATION OF FOREIGN DOCUMENTATION 4th STEP: BUSINESS REGISTRATION AT THE BOARD OF TRADE (JUNTA COMERCIAL); MINAS GERAIS STATE BOARD OF TRADE (JUNTA COMERCIAL DO ESTADO DE MINAS GERAIS - JUCEMG - WWW.JUCEMG.MG.GOV.BR); 5th STEP: REGISTRATION OF THE NATIONAL REGISTER OF LEGAL ENTITIES (CNPJ) 6th STEP: MUNICIPAL REGISTRATION 7th STEP: LOCATION PERMIT 8th STEP: STATE REGISTRATION FOREIGN CAPITAL Foreign capital in Brazil can enter freely, without the need for government approval or restrictions on the amount invested. Brazilian legislation has two definitions of "foreign capital": 1)) Financial or monetary resources introduced into the country for application in economic activities. 2) Goods, such as machinery and equipment, that enter Brazil without initial foreign exchange expenditure, intended for the production of goods or services. However, there are some activities provided for in the law that are exclusive to Brazilians. According to the law, in both definitions, the resources must belong to individuals or legal entities resident, domiciled, or headquartered abroad. Once the foreign capital arrives in the country, it must be registered within 30 days of its entry. Registration must be done by the receiving company and a foreign investor representative via the internet to be repatriated and have the profits and dividends remitted abroad. SEBRAE 55 50 anos Creating the future is making history 70 10#3872 22 TAXATION OF FINANCIAL CAPITAL INPUT: Resources entering Brazil as foreign direct investment (FDI) are not subject to taxation. However, investment as a loan is subject to the Financial Operations Tax (IOF). REMITTANCE ABROAD: Profits and dividends, when repatriated abroad, are exempt from paying Income Tax (IR7) if the amount is equal to that registered with the Central Bank of Brazil. The amount that exceeds what was registered will be subject to income tax, the fee is between 15% and 25%, excluding cases where the shipment goes to countries that have applicable tax agreements with Brazil. VISAS Profits obtained from foreign investment can be reinvested in Brazil, however, they must also be registered as foreign capital with the Central Bank of Brazil and, from then on, will become part of the tax calculation base levied on future divisions of the capital. The issuance of visas in Brazil is related to the nature of the foreigner's trip and stay in the country. To apply for a visa, simply visit the Ministry of Foreign Affairs Website and follow the steps recommended on the website: http://www. portal consular.itamaraty.gov.br/vistos#precisa. TYPES OF VISA • VISIT VISA: granted to those who stay in Brazil for up to 90 days without migrating or exercising a remunerated activity. ⚫ DIPLOMATIC VISA: granted to authorities and employees traveling to Brazil on an official mission. ⚫ OFFICIAL VISA: granted to foreign administrative employees who travel to Brazil on an official mission, of a transitory or permanent nature, representing a foreign government or an international organization recognized by the Brazilian Government; or to foreigners who travel to Brazil under the official seal of their States. ⚫ COURTESY VISA: granted to foreign personalities and authorities on an unofficial trip to Brazil; companions, dependents, and other family members who do not benefit from a Diplomatic or Official Visa for a family reunion; Foreign Mission workers based in Brazil or the Ministry of Foreign Affairs; foreign artists and athletes who travel to Brazil for a free and eminently cultural event. • TEMPORARY VISA: this visa can be valid for up to 1 year and allows multiple entries to the country within this period. Foreigners must follow one of the situations described to receive the visa: academic research, human reception, health treatment, work, and investment use. • ⚫ INVESTOR VISA: The granting of a temporary visa for investors is conditioned to the residence permit issued by the Ministry of Labor and may be given to the immigrant administrator, manager, director, or executive with management powers, who comes to the country to represent the investing company. ⚫ MERCOSUR CITIZENS: Nationals of the signatory States of the Mercosur Residency Agreement (Argentina, Bolivia, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay) can obtain temporary residency in Brazil for up to 2 years. After this period, the temporary residence can be transformed into a residence for an indefinite period, a procedure that must be carried out with the Federal Police. FONTES ▷ Brazilian Trade and Investment Promotion Agency (Agência Brasileira de Promoção de Exportações e Investimentos - Apex-Brasil) Minas Gerais Creative Industry Development Agency (Agência de Desenvolvimento da Indústria Criativa de Minas Gerais - P7 Criativo) InvestMinas (Agencia de Promoção de Investimentos e Comercio Exterior de Minas Gerais - Invest Minas) ▷ National Mining Agency (Agência Nacional da Mineração - ANM) ▷ National Electric Energy Agency (Agência Nacional de Energia Elétrica - ANEEL) Brazilian Textile and Apparel Industry Association (Associação Brasileira da Indústria Têxtil e de Confecção - ABIT) ▷ Brazilian Photovoltaic Solar Energy Association (Associação Brasileira de Energia Solar Fotovoltaica - ABSOLAR) ▷ BH Airport ▷ Comex Stat (Ministério da Indústria Comércio Exterior e Serviços MDIC) ▷ Minas Gerais Development Company (Companhia de Desenvolvimento de Minas Gerais CODEMGE) ▷ Minas Gerais Gas Company (Companhia de Gás de Minas Gerais - GASMIG) ▷ Minas Gerais Sanitation Company (Companhia de Saneamento de Minas Gerais COPASA) ▷ Minas Gerais Energy Generation, Transmission, Distribution and Commercialization Company (Companhia Energética de Minas Gerais - CEMIG) SKEMA BUSINESS SCHOOL UNDERGRADUATE COURSE, POST-GRADUATION AND EXECUTIVE EDUCATION YOUR GLOBAL SCHOOL IN BELO HORIZONTE With 9,500 students of 120 nationalities and 50,000 graduates in 145 countries, SKEMA Business School is a global school which trains and educates the talents 21st century businesses need. At the moment, SKEMA is present on 7 campus locations across 6 countries: France, China, United States, Brazil and South Africa, as well as a resources and research centre in artificial intelligence in Canada. AV. DO CONTORNO, 5.456, SAVASSI BELO HORIZONTE, MINAS GERAIS ▷ Diário do Comércio Agricultural Research Company of Minas Gerais (Empresa de Pesquisa Agropecuária de Minas Gerais - EPAMIG) ▷ Agriculture Federation of Minas Gerais (Federação da Agricultura de Minas Gerais FAEMG) ▷ State of Minas Gerais Industry Federation (Federação das Indústrias do Estado de Minas Gerais - FIEMG) ▷ Dom Cabral Foundation (Fundação Dom Cabral - FDC) ►Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV) ▷ João Pinheiro Foundation (Fundação João Pinheiro - FJP) State of Minas Gerais Government ▷ Brazilian Institute of Geography and Statistics (Instituto Brasileiro de Geografia e Estatística - IBGE) ▷ Ministry of Science, Technology and Innovation (Ministério da Ciência Tecnologia e Inovações) Ministry of Economy (Ministério da Economia) ▷ Belo Horizonte City Hall (Prefeitura de Belo Horizonte - PBH) ▷ State Secretariat of Agriculture, Livestock and Supply of Minas Gerais (Secretaria de Estado de Agricultura, Pecuária e Abastecimento de Minas Gerais SEAPA) ▷ State of Minas Gerais Department of Tourism and Culture (Secretaria do Estado de Turismo e Cultura de Minas Gerais - SECULT) ▷ Skema Business School GET TO KNOW MORE 73 WWW.SKEMA EDU BR BRAZIL CANADA | CHINA | FRANCE | SOUTH AFRICA | USA EFMD EMBA CFMD EQUIS skema AACSB BUSINESS SCHOOL#39CONTACT ⚫Sílvio Soares Nazaré Rodrigo Araújo - [email protected] EXPEDIENTE LARGE WORLD MAP issa) 74 President José Anchieta da Silva President of the Business Council for International Relations Claudio Valença Motta Minas Gerais Business Guide Mentor Silvio Soares Nazaré Coordinator of the 2021/2022 Edition Rodrigo Araújo Analysis and Production of Economic Data Paulo Casaca Announcer José Carlos Cruz Formatting and Design Fazcom! Minas Gerais Business Guide 2021/2022 FROM MINAS TO THE WORLD ACMinas - Commercial Business Association - has been part of the development of the State of Minas Gerais and its capital, Belo Horizonte for more than 121 years. Through its International Relations Council, the entity supports and encourages the participation of State companies and institutions at the international level. It promotes the generation of multilateral business and the strengthening of relations between Minas Gerais and the world, with the objective of increasing foreign investments in the State and prospecting opportunities for local companies in the international market, thus contributing to their internationalization. This action is done through the perspective of Development with Social Justice, idea-strength of the entity. Get to know ACMinas Follow us: @acminas fin www.acminas.com LIBER A TAMEN Claudio Valença Motta Silvio Soares Nazaré Rodrigo Araújo ACMinas ASSOCIAÇÃO COMERCIAL E EMPRESARIAL DE MINAS DESENVOLVIMENTO COM JUSTICA BOCIAL#40Empty