Why
Minas Gerais?
Robust, diversified economy
Minas Gerais is historically known for its mineral wealth. The state is currently a leader in strategic sectors such as solar energy, e-commerce, infrastructure, food & drink, and much more.
See:
Strategic geographical location
Minas Gerais is a southeastern Brazilian state with several advantages for those wishing to invest in their businesses. Key among these is the state’s privileged geographical location, facilitating access to important regions of Brazil and the wider world.
More than 5,000 km of railways
(connecting into key ports)
Extensive system of paved highways
(more than 29,000km)
Six dry ports
(in Betim, Varginha, Uberlândia, Uberaba, Juiz de Fora, and Pouso Alegre)
BH Airport
(considered the world’s most punctual airport by consultancy Cirium in 2021)
Distances in km between Belo Horizonte and southeastern-region state capitals:
Within an 800-km radius
from Belo Horizonte:
(US$ 1 trillion)
(111 million inhabitants)
Economic potential
Comprehensive consumer market
| State | Consumption potential (R$ billion) | Participation | Ranking |
| São Paulo | 1179,73 | 26,42% | 1 |
| Minas Gerais | 457,44 | 10,24% | 2 |
| Rio de Janeiro | 430,70 | 9,65% | 3 |
| Rio Grande do Sul | 304,22 | 6,81% | 4 |
| Paraná | 292,16 | 6,54% | 5 |
| Brasil | 4.465,20 | 100% | – |
Consumption potential in
Minas Gerais
Brazil’s second-largest consumer market
R$457 billion (US$88.5 bi) in 2020
10.24% of the national market
Consumption potential equivalent to that of Slovakia
Pro-investment structure
Several agencies in the state work in synergy to facilitate installation, establishment of partnerships, and business expansion.
Multinationals operating in the state
Low cost of doing business
Average commercial property rental price (R$/m²) | February 2022
Average salary in the transformation industry (R$) | 2021
Average commercial property sale price (R$/m²) | February 2022
Minas Gerais has the most Federal University campuses in Brazil
Federal University of Minas Gerais
3rd-best university in Brazil
(Times Higher Education World University Rankings 2022).
5th-best in Latin America
(Times Higher Education Latin America Rankings 2021).
7th-best business school in the world
(Financial Times, Executive Education Open 2023).
Brazil’s first industrial airport
Multimodal hub with 750,000 m² of available area, and capacity to receive 250 tech companies.
Cargo terminal with an area of 12,000 m² and current cargo capacity of 70 tons per year, recognized by the Brazilian Health Surveillance Agency (ANVISA) for its good practices in storage of special cargos, such as life science materials.
Suspension of federal taxes and deferral of state VAT (ICMS) on the importation of inputs.
Centro de P&D de soluções embarcadas para sistemas de transporte inteligente (Itajubá)
Centro de P&D com protótipos de superligas acreditadas para o setor aeroespacial (Araxá)
Centro de desenvolvimento de aplicações industriais para nanomateriais, como o grafeno (Belo Horizonte)
Centro de P&D em telefonia 5G em conjunto com o Inatel (Itajubá)
Centro de P&D focado na indústria automotiva (Itajubá).
Localizado na Usina de Ipatinga e considerado o maior do gênero na indústria do aço da América Latina.
Equipe de P&D 21 Engenheiros;
Desenvolvimentos em aberto: 34 projetos;
ICT/Universidades envolvidas: 4
Technology and innovation park
A state innovating today
A state creating the innovations of tomorrow
1st government program for acceleration of start-ups
