Brazil 4 Business

Distrito Federal

The capital is Brasilia (the national capital) with 2.8 million inhabitants, being the 4th largest Brazilian city. The highlight is given for housing the headquarters of the federal government and is a city designed with architectural and organizational constraints. Construction began in 1956 and the inauguration took place in April 21, 1960, with the headquarters of government being transferred to the location.

The GDP of the Federal District is the 7th largest in the country and the largest in the Central-West, totalling approximately R$ 200 billion, or 4% of the country's in 2013. Even with the growing industry in the region, the service sector represents over 90% of revenues.
 
Comparatively, the state has small dimensions, being the smallest in Brazil, but in the case of population, occupies the 20th position, ahead of five of the seven states of the North.
 
The main reasons for investments in the Federal District are:
•    Highest income per capita in Brazil, constituting a consumer market able to absorb technology and refinement;
•    Driven by the hosting of the World Cup, the trade is booming, demanding production;
•    Aware of the demand for labour, the government invests in a number of professional training programs;
•    A new city made up of a multicultural population, which ensures great diversity and provides good quality of life for new residents.

It is located in the centre of two of the largest grain producing regions in Brazil: East of Goiás and West of Bahia.

The state has the Support Program for Productive Development of the Federal District (Pro-DF) and benefits occur through the granting of tax, credit, economic, infrastructure incentives and others.

The size of benefit depends on the combination of different scopes. They are:

  • contribution to the socioeconomic development of the Federal District;
  • Compatibility with the Master Plan for Territorial Planning of the Federal District (PDOT) and the Master Plan of the enterprise location;
  • Protection and preservation of the environment;
  • Technical, economic and financial feasibility;
  • Definition of sources relating to the initial capital and working capital;
  • Size of investments;
  • Technological development level of the product or production process;
  • Deadline for the completion of the investment project.