The documents focus on “sustainable bases, with technological innovation and investment in strategic sectors.” Brazil’s Development Ministry will be responsible for industrial investment, digital economy, and trade facilitation.
Eleven of the 25 surveyed industrial activities faced a shrinkage from December to January—most notably pharmochemicals (-13%); auto vehicles, trailers, and trucks (-6%); and food products (-2.1%).
Companies struggle under a complex tax system, so unification is key to boost competitiveness, Alckmin said at a seminar for engineers. “We’re facing early de-industrialization. We’re not a rich country; we’re a developing country,” he added.
Eleven of the 26 activities were down. Among the 15 activities with a higher output were beverages; automotive vehicles, trailers, and trucks; and food products.
The private sector is willing to fulfill international deals and demands and Brazil be a great user of natural resources in a solid low-carbon economy, a study argues.
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