Brazil 4 Business

Pará

Located the northern region of Brazil in the Amazon Forest, Pará has a strategic geographical position due to its borders with further up countries in South America and proximity to other Caribbean, the US and European markets.

The state has a population of approximately 7.5 million inhabitants, qualified manpower in various sectors of the economy, as well as having universities, specialized research centres and graduate institutes in various basic education, fundamental, senior and professional levels
 
Made up of 144 municipalities, Pará translates best what expresses the Amazonian diversity with renewable natural resources, and a high energy / water potential as well as an ability to invest in the development and industrial verticalization.
 
Belém, the capital, offers the population quality of life comparable to other Brazilian cities and Latin America.
 
Pará is the second largest Brazilian state in territorial extension, representing 14.6% of the Brazilian territory. Its natural resources and its immense hydro potential leveraging to the local economy, contributing to Brazil's development.
 
Pará in figures:
 

  • Area: 1,247,954.666 km². Its geographical extent is larger than countries like Germany, Italy, Chile and South Africa;
  • With a population of 7.581.051 (IBGE-2010), it is the most populous state of the northern region of Brazil, with a strong migratory flow, due to the installed projects and investments and installation on its territory, but with a demographic density of 6.08 hab./km² (IDESP-IBGE).;
  • Life expectancy: 72 years.

 
 
As published by the Financial Times, Pará is the fourth best Brazilian state in investment opportunities and was considered the sixth best state in South America in the infrastructure category, on the horizon from 2014-2015.
 
The Gross Domestic Product - GDP (PMC) of Pará, in 2010, was R$ 77.848 million, with forecast to reach R$ 129.882 million in 2017. Among the states of the Amazon region, Pará responded in 2010 with 38.63% of regional GDP and 2% of the national GDP. The estimates between 2013 – 2016, is a of 5% growth. Belém, the state capital, is the city that concentrates 1.3 million people of the population (18.4%), and accounts for 23% of the state's GDP.
 
The Trade Balance of Pará in 2013, closed at US$ 14.7 billion - FOB, with the 2nd best balance among the states. It was the 6th exporter state contributing to an amount of US$ 15.8 billion -FOB for the Brazilian surplus. Compared to 2012, the growth of Pará's foreign trade was 9.78%.
 
Data from FIEPA (Federation of Industries of the State of Pará), indicate a significant increase in the numbers of investments until 2017 of up to R$ 130 million, generating more than 160.000 jobs. The areas with better investment performances in reais (R$) are:
 

  • Mineral extraction = 53 billion / 40%;
  • Energy = 30 billion / 23%;
  • Mineral Transformation = 22 billion / 17%;
  • Infrastructure = 22 billion / 17%;
  • Agribusiness = 2 billion / 2%;
  • Other industries = 1 billion / 1%


DISCOVER PARÁ
To assist and support foreign investors, the International Business Centre of Pará (CIN-PA) makes available to businessmen information consulting services, organization of fairs, events and international missions. CIN-PA is part of a Brazilian network led by the Confederation of Industry (CNI) and connected with dozens of international institutions in promoting business and investments.

Check in the left menu, several advantages of investing in Pará and please contact our team in the state.

According to (Department of Budget Planning & Finance /) SEPOF / IBGE (Brazilian Institute of Geography and Statistics), the Pará's industrial sector represents 35.88% of the state’s economy. It consists of four segments: the Mineral Industry (mining processing); the Civil Construction Industry; the Forestry Industry and the Industrial Public Services & Utilizations (Production and Distribution of Electricity, Water, Sewage and Urban Cleaning).
 
In its representation, the industry of Pará focuses on the following productive sectors:
 
Mining (41.0%): metallic minerals (40.1%), and non-metallic (0.9%)
Processing (59%): food and beverages (9.8%), textiles (0.4%), wood (9.6%), pulp and paper (2.7%), chemicals (1.9%), non-metallic minerals (5.2%), metallurgy (24.7%), metal products (0.9%) and others (3.6%).
 
To boost Pará's and the Brazilian industry, Pará has the best geographical conditions for generating energy. The great basin and the unevenness of Pará's terrain promote the state as the largest hydroelectric power generator.
 
Ports and Airports: with strategic geographic location, Pará becomes the solution for the flow of Brazilian production, given to its proximity to the major ports of Europe, the United States (best transit time with the Port of Houston), and Asia as from the expansion of the Panama Canal in 2015.
 
Toward Rotterdam, via Atlantic Ocean, 7746 kilometers are traveled in 12 days, well below Santos (10,043 kilometers - 15 days) and Paranaguá (10,281 kilometers - 15 days);
Toward Shanghai, via the Panama Canal, 19,546 kilometers are traveled in 32 days, route and time of less than that of Santos (24,068 kilometers - 33 days) and Paranaguá (24,075 kilometers - 40 days).
 
Pará counts on an airport infrastructure of: one international airport (Val de Cans); Seventeen regional airports, seven local airports; six tourist airports, and five complementaries.
Hydropower: With an installed capacity of 8.400 mw (6th largest installed capacity in Brazil), Pará has a hydroelectric potential estimated by 2020, in 50 gigawatts (1/5 of the national potential). This potential is represented by the projects of Belo Monte (3rd largest hydroelectric in the world), Santa Isabel, and Tapajós Maraba, besides the expansion of Tucuruí. Only with the energy produced in Tucuruí it is possible to promote the establishment of production clusters, such as the industrial complex, agricultural and agro-industrial projects.
 
Industrial Districts
As an incentive to the installation of new industrial plants, Pará promotes the industrial decentralization through the allocation of 33 million / m², creating a favourable environment for the development and expansion of a sustainable industry. Industrial districts are located in the municipalities of: Ananindeua, Barcarena, Maraba, Santarem, and in the Icoaraci district
 
Mining
A key sector of the state’s economy. It is estimated that the mining industry accounts for over 20% of the state's GDP and that its participation in the generation of foreign exchange is equivalent to approximately 90% of Pará exports. The Mineral Yearbook points out that the sector accounts for 143.000 jobs, both direct and indirect jobs, and plans to invest $ 40 billion in research and expansion of their projects.
 

  • Largest producer of bauxite in Brazil;
  • Largest manganese producer in Brazil;
  • Largest national producer of kaolin;
  • Largest national producer of copper;
  • Second largest nickel reserve in Brazil
  • Second largest iron producer in Brazil



Agribusiness
Pará has an outstanding performance in providing products of plant origin. The production of these supply chains stand out, such as:
 

  • Largest producer of organic acai;
  • Largest national producer of palm / dendê oil;
  • Second largest national producer of cocoa with 26% of the national production;
  • Responsible for 74% of black pepper production;
  • Responsible for 18% of manioc production;
  • Fifth largest cattle herd in Brazil, the largest exporter of beef, 19 million heads of cattle;
  • Largest buffalo herd in the country;
  • Fourth largest producer of meat

 
Pará is the largest national producer of dendê with 90% of the production, a plantation of 141 hectares and expansion forecasted to 300 000 hectares in 2104. This leads to the palm oil production of 160.000 ton. / Year.  
 
 
Lumberjack
The timber industry comprises one of the main sectors of Pará's economy. In 2010, according to IMAZON, in the state of Pará, there were:
 

  • 33 timber poles
  • 1,592 companies
  • 11.15 million m³ of logs consumed / year
  • 1113.60 million US $ of gross income
  • 183.741 direct & indirect jobs
  • 543.442 million US$ -FOB exported (2004)

 
 
Fish Industry
The state of Pará has 562 km of ocean coastline and 98.292 Km² of inland waters that are responsible for producing over 152.000 tons of fish, raising the rank to the second largest Brazilian producer.  
 
 
Fruit Culture
It is one of the main sectors of the industry of Pará with huge possibilities for creating productive arrangements. In the Amazon region, especially in Pará, focuses on a range of over 100 forest species with exploration of its fruit by the industry. Production in agribusiness focuses on: juices, drinks, jams, jellies and ice cream.
 

  • First in the national ranking of acai production – 706.488 tons.
  • Largest national producer of Cupuaçu, with 41.142 tons.
  • Second largest Brazilian producer of pineapple – 248.772/fruits.
  • Second largest national producer of Cocoa – 52.376 tones.
  • Fourth largest Brazilian producer of Coconut – 230.873/coconuts.
  • Sixth largest Brazilian producer of banana – 539.979 bunches.

The state of Pará stimulates and benefits its investors in various ways, among them by investing in infrastructure, labour qualification, technology and innovation centres, by granting tax incentives with the aim of making the region more attractive for investors. It offers personalized lines of financing for the various types of investments. Amongst the main incentives, include:
 

  • Reduction or exemption from ISS tax (service tax)
  • Reduction or exemption from IPTU tax (property tax)
  • Donation or subsidized price for area acquisition for the implementation of new businesses
  • Presumed credit of up to 95% of the ICMS operational generated by the company on interstate transactions, with products manufactured in Pará
  • Up to 95% reduction on the calculation basis of ICMS generated in the operating activities of the company, for internal transactions with products manufactured in Pará
  • Exemption or deferral of ICMS on transaction acquisitions of Machines and Equipment for fixed assets;
  • Period for using of up to 15 years

 
Banks with attractive lines of financing
 

  • BNDES – Banco Nacional de Desenvolvimento Econômico e Social
  • Banco da Amazônia
  • Banco do Brasil
  • Caixa Econômica Federal
  • Banco do Estado do Pará

 
Other incentives
 

  • ZPE – Export Processing Zone
  • Industrial Districts

 
The International Business Centre of the Federation of Industries of the State of Pará - CIN / FIEPA, is prepared to assist potential investors in the support process to obtain information about various incentives and benefits that the state of Pará offers, through the articulation with the various agents involved.