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Investor Presentaiton

private ownership of vacant lands occurs in more detail, including analysis of the legal uncertainty that permeates this process in the internal border expansion loci. 2.1.2. Appropriation territorial adjustment in Pará: insecurity of legal land grabbing According to the secondary data used by Oliveira et al (2013: 30-31), in the state of Pará, in 2010, there were 26.7 million hectares occupied by 97,800 properties declared in the INCRA Register that do not have legal property documents. Of these, there are 86,900 land holds (88.8%) which are capable of legitimation, 4900 (5.1%) classified as medium land holds, and 5,700 other properties (5.9%) that are considered large land holds. Small land holds that are prone to legitimize the occupation of 5 million hectares (18.9% of the area), the medium ones occupy 2.8 million hectares (10.5%) and large ones occupy 18.6 million hectares (69 5% of the area), the latter are not capable of participating in the regularization process by the Legal Land Program. This implies that at least 69.5% of the public lands, vacant or not, illegally occupied in Pará cannot be legitimized or even regulated by law. The private land grab of public land dynamics is the same and is repeated in various spheres of analysis, in Brazil, in the state of Pará or in cities like Sao Felix do Xingu: "The private appropriation of land in Brazil has been done by grabbing of public lands, and they represent about 40% of the territory. [...] Among the 571.7 million hectares registered in INCRA in 2010 there are a total of 5.1 million properties. The average area in large properties is 2,433 hectares, while the small is 29 hectares, ie 83 times less. Among these great properties, INCRA to apply the Law 8629/93 which defined the productivity indexes still with reference to the Agricultural Census 1975 and found 175 million hectares of unproductive land, which amounted to 55% of the total. Ie the largest properties in Brazil are largely unproductive and this is its fundamental character. Land is not appropriated privately to be put productive use, for the land without any production allows its owner to generate wealth. It works as a storage of value (realized on the sale of property) or, more commonly, as an equity reserve (used as assets placed as collateral when borrowing from the financial system). [...] This is present in the Amazon, in Pará and São Félix do Xingu, where the data show, respectively, a total of
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