Investor Presentaiton
THE FIRST WAVE INDUSTRIALIZATION AND URBANIZATION
While Minas Gerais has been steadily following a path
of industrialization and urbanization throughout the
20th century, the most important period of modern
growth and transformation began in the 1940s and
1950s, during the time that one of our greatest
political leaders, Juscelino Kubitschek, served first as
Mayor of Belo Horizonte, then as Governor of Minas
Gerais, and finally as President of Brazil. Though the
former JK is best known internationally for
spearheading the efforts to build Brasilia,"mineiros"
remember him for his leadership in accelerating
industrial and urban development in Minas Gerais.
Key strategic actions included creating a major
energy company, CEMIG, to generate and distribute
high volume, low-cost, hydropower-based electricity,
and establishing the Development Bank of Minas
Gerais, to provide capital for attracting and expanding
manufacturing industries.
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