Most developed State in Brazil presents USD 30 billion in PPPs at Mipim
Projects will be presented at Agora Room, at 4pm on Wednesday; Investment Promotion Agency offers free service to investors
USD 30 Billion. This is the amount that the Government of the State of São Paulo, which accounts for 33% of Brazilian GDP and 22% of Brazilian population, has available for the accomplishment of new Public-Private Partnerships. These PPP projects will be presented at Mipim this Wednesday, March 14, at 4pm, at Agora Room, by Investe São Paulo, the Investment Promotion Agency of the State Government. It’s the first time the institution takes part in the international fair.
“We’re going to present the business opportunities offered by the PPPs to investment funds, entrepreneurs and construction companies. São Paulo has the largest PPP package in Brazil: investments with guaranteed return which also boost the development of the State.” explained the President of Investe SP, Luciano Almeida, who will lead the presentation.
On this event, entrepreneurs will also learn about the free services offered by the agency to the investor who would like to establish a business in São Paulo, such as site location, tax, environmental and infrastructure consultancy, as well as communication with public institutions in order for the investment to be successful.
In January, Investe São Paulo also took part in a roadshow about PPPs held in the City of London, England. The mission was led by vice-governor Guilherme Afif Domingos, who presented the projects for approximately 40 representatives of infrastructure companies, banks, consultancies and British funds with offices in London. The event was organized in partnership with the British government and the World Bank. Check the PPPs that will be shown in the event in the next page.
About São Paulo State
When talking about the state of São Paulo, the superlative form is a must. It is the state with the country's largest population, largest industrial complex, highest economic production, the one that receives the largest number of immigrants and, as expected, the most cosmopolitan state in South America. São Paulo was built thanks to hardworking people coming from all over the country and the world, who kept the vocation for work statewide.
São Paulo has 645 municipalities and a population of approximately 42 million inhabitants. With the country's best infrastructure and a highly skilled labor force, São Paulo can be called "Brazil's locomotive". All kinds of products are manufactured in the state, mainly high tech items. Its strong points, however, are not only related to the industry. Paulistas - São Paulo inhabitants - have also transformed agriculture and livestock farming into a potency. As regards the Economy, there are more than 258 malls spread nationwide, 155 of which in the Southern region, responsible for more than 300,000 job positions, aside from a comprehensive wholesale and retail chain nationwide. São Paulo's participation in the Brazilian banking system reaches almost 50% in volume terms. Also, Latin America's largest Stock Exchange is located in the state's capital.