News & Alerts |

State government showcases business opportunities in the State of São Paulo to European investors

Roadshow promoted by Sao Paulo’s State Government featured approximately 100 companies from Germany, Switzerland and Austria.

By Paulo Reganin.
From the Communication Department.

Legale Overseas, No. 238.
The State Government recently concluded a roadshow in Europe to showcase business opportunities in the State of São Paulo to investors and executives from various Economic Sectors. The event was organized by the Investment Promotion Agency of the State of São Paulo. Since May, approximately 100 companies from Germany, Switzerland and Austria had the opportunity to gain insights into the local business environment and the advantages of investing in São Paulo.

São Paulo is home to the largest German industrial park outside of Germany, which confirms the existing strategic alignment already established with European investors. However, there is still significant potential for new business ventures across multiple sectors, including infrastructure, digitalization, technology, innovation, and energy transition, especially in relation to green hydrogen.

The roadshow, promoted by Sao Paulo’s State Government, ― «Doing Business in São Paulo» ―, delved into critical matters for executives seeking to invest in foreign countries, highlighting areas in which the state excels, such as logistics, infrastructure, availability of skilled workforce, legal certainty, innovation potential, and foreign trade. The objective is to attract projects capable of generating economic development, jobs and income while also contributing to the advancement of strategic policies of the São Paulo State Government.

The Investment Promotion Agency of the State of São Paulo has been following the development paths defined by the State Department of Economic Development. It has been involved in various initiatives focused on reindustrialization, circular economy, and energy transition. This includes efforts to develop the green hydrogen value chain in São Paulo ― an area where Germany excels.

Thanks to the support provided by Investment Promotion Agency of the State of São Paulo, companies based in the countries that participated in the roadshow, such as Syngenta, Nestlé and Volkswagen, have already announced more than 30 projects in the State (factories, distribution centers, etc.), with investments amounting to R$ 5 billion and are expected to generate 7,000 jobs.

In 2022, Germany was São Paulo’s fourth largest trading partner, behind only China, the United States and Argentina, with a trade flow equivalent to R$ 38 billion, according to data from the Ministry of Industry, Foreign Trade and Services.

People and Community >
Meet our Leaders >
Awards, Nominations and Recognitions >
INSIGHTS, our News Portal >

Tax >
Corporate Law >
Conflict Prevention and Resolution >
Relations of the Automotive Industry >
Labour Relations, Global Mobility and People Management >
Intellectual Property >
Innovation, Digital Law and Cybersecurity >
ESG / Environmental Law and Sustainability >
Infrastructure, Real Estate Law and Construction >
Administrative Law, Public Law and Government Relations >

Focussing on what really matters ― We are an independent law firm, dedicated to providing legal support for the international operations and investments of foreign companies in Brazil and the internationalization of Brazilian companies, from preparation to support in the destination countries. Our Purpose is to identify and catalyze the best business opportunities, clearing the barriers that compromise our Clients’ time and energy, so that they can focus on the work that really matters: exceeding the expectations of their shareholders. We are not just lawyers. We are business consultants and strategists. Our ambition is to make the world a better place through our work and contribute to the improvement of the Brazilian business environment, positively influencing the leaders we deal with, as well as balancing, in a consistent and sustainable way, the creation of value for our clients with the creation of value for our professionals and the community.

Non-negotiable boundaries ― Either one has integrity, or one has nothing. Our company prides itself of the care it gives to every ethical aspect of human relations and of everyday work, ensuring that our team never crosses the line of no return. That is why we hold the highest standard of internal demand, guaranteeing that every deal is made only for the advantages of its terms. We do not restrain ourselves to the strict observance of Brazilian Law and the Law of the countries of origin of the corporations and investors we deal with, alone. In addition, we follow all the indications of the «United Nations Convention against Corruption» as well as the «Convention on Combating Bribery of Foreign Officials in International Business Transactions» of the Organization for Economic Cooperation and Development (OECD). We also follow the guidelines about «Good Practice Guidance on Internal Controls, Ethics and Compliance» (2009), as well as the «Guidelines for Multinational Enterprises » (2011), both issued by the OECD. We believe, that doing the right thing is good for business, and that honest work strengthens the belief, that despair over the ways of the world shall not prevail.

Meet our Editor >

+55 19 3252-4324
Barão de Itapura, 2323
8° floor, Guanabara
Campinas SP
News Portal
Communication Department

Vaz de Almeida

VAZ DE ALMEIDA ADVOGADOS is an independent Law Firm, dedicated exclusively to giving Legal Support for foreign companies in Brazil, as well as for Brazilian companies operating in the country and abroad. We specialize in unblocking the barriers that compromise executives' time and energy, so that they can focus on the work that really matters: exceeding their shareholders' expectations.