{"id":174236,"date":"2018-04-27T19:59:29","date_gmt":"2018-04-27T21:59:29","guid":{"rendered":"https:\/\/anba.com.br\/?p=174236"},"modified":"2018-04-27T20:26:30","modified_gmt":"2018-04-27T22:26:30","slug":"export-processing-zone-launched-uberaba","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/export-processing-zone-launched-uberaba\/","title":{"rendered":"Export Processing Zone launched in Uberaba"},"content":{"rendered":"

S\u00e3o Paulo \u2013 This Friday (26) saw the launch of an Export Processing Zone (EPZ) in Uberaba, Minas Gerais, with some 80 executives and authorities in attendance. This is the first EPZ ever in the state, which is setting out to bring in investment by Brazilian and non-Brazilian businesses that wish to export goods in industries as varied as agribusiness, pharmaceuticals, insecticides and footwear.<\/p>\n

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Mayor Paulo Nogueira: 260 hectares made available by the municipality<\/figcaption><\/figure>\n

The municipality is making a 260-hectare area available for companies to finish up their products, thereby becoming entitled to tax incentives, drawback (tax exemption on input imports) and other advantages. The EPZ\u2019s executive director Glauber Faquineli said an Export Processing Zone is nothing but a free zone, an industrial district with tax breaks.<\/p>\n

\u201cWe have seen EPZs mature significantly in Brazil over the last few years, and we want to clear up the mystique of what the zone is about, and to attract local industries as well as foreign investors,\u201d said Faquineli. He said he\u2019s in talks with pharmaceutics, insecticide and footwear manufacturers.<\/p>\n

According to the executive, the region\u2019s working on the Intervales project, designed to create a logistics hub, with construction of an international airport for passenger and cargo transportation, in addition to existing railway and highway connections with the ports of Santos, in S\u00e3o Paulo, and Tubar\u00e3o, in Esp\u00edrito Santo.<\/p>\n

For Faquineli, the Arab Brazilian Chamber of Commerce<\/strong> is a key partner when it comes to getting in touch with the Arab world. \u201cI believe that considering the region\u2019s vocation for agribusiness, the EPZ might be of great interest to Arabs, and the Chamber can get us across to them,\u201d he said.<\/p>\n

Arab Chamber CEO Michel Alaby, who attended the launch, said EPZs are good for Brazil, since they will create jobs and income, as well as finished good exports, whose added value is much higher than that of commodities. Alaby said Arab countries are interested in EPZs when it comes to agribusiness products, like processed beef.<\/p>\n

Uberaba mayor Paulo Nogueira told ANBA that agribusiness is the premier activity in the area, accounting for roughly 60% of its Gross Domestic Product (GDP). He mentioned a meat packer in the city that used to ship 90% of its output to the Middle East, halal-certified. That\u2019s the type of business that can reap the advantages EPZs can offer.<\/p>\n

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Alaby (right) watches the ceremony next to the mayor<\/figcaption><\/figure>\n

\u201cBut that\u2019s not all,\u201d Nogueira pointed out. Aside from the agroindustry, he said that, for instance, a local tattoo ink factory that \u201csells to dozens of countries\u201d might take an interest in the EPZ. \u201cProduction falls short of demand,\u201d he said.<\/p>\n

\u201cWe are going to need more, we cannot focus in agribusiness alone,\u201d Nogueira stressed. In addition to tax breaks, he said the Uberaba City Hall is offering affordable plots of land in the EPZ, with costs as low as zero, depending on the jobs and revenue a company will create. \u201cWe have a progressive incentive evaluation scale,\u201d he added. The mayor said Russian and Chinese entrepreneurs have visited the area.<\/p>\n

Faquineli said he will go to Dubai, in the United Arab Emirates, for the 4th<\/sup> World Free Zones Organisation (WFZO)<\/a>, on April 30 and May 1.<\/p>\n

The executive secretary at the National Council for EPZs, Tha\u00edse Dutra, attorney Leonardo Rabelo, with the Brazilian Ministry of Industry, Foreign Trade and Services, and the Economic Development secretary of the Uberaba Municipality, Jos\u00e9 Renato Gomes, will also travel to the UAE. Their plan is to advertise the Uberaba EPZ to investors from the Middle East and the world over.<\/p>\n

Watch a City Hall video on the EPZ.<\/a><\/p>\n

Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Press Release<\/div>\n
Andr\u00e9 Santos\/PMU<\/div>\n
Andr\u00e9 Santos\/PMU<\/div>\n","protected":false},"excerpt":{"rendered":"

Some 80 executives and authorities attended the launch of the first EPZ in the state of Minas Gerais. The 260-hectare area is available to industries as varied as agribusiness, pharmaceuticals and footwear.<\/p>\n","protected":false},"author":2305,"featured_media":174226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[422,238,160,1985,2188,2346,29854,2328,29865,2327],"class_list":{"0":"post-174236","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-arab","9":"tag-agribusiness","10":"tag-arabe-en","11":"tag-epz","12":"tag-export","13":"tag-export-processing-zone","14":"tag-minas-gerais-en-2","15":"tag-minas-gerais","16":"tag-uberaba-en","17":"tag-uberaba"},"wps_subtitle":"Some 80 executives and authorities attended the launch of the first EPZ in the state of Minas Gerais. The 260-hectare area is available to industries as varied as agribusiness, pharmaceuticals and footwear. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/174236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2305"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=174236"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/174236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/174226"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=174236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=174236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=174236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}