Sem categoria |

State of São Paulo projects investments of 200 billion

In the first 6 months of his term, Governor Tarcísio de Freitas already has 200 billion in scheduled private investments, a record number of new companies created, and 240 thousand new jobs.

By Paulo Reganin.
From the Communication Department.

Legale Overseas, No. 239.
Leading the State of São Paulo for 6 months now, Governor Tarcísio de Freitas is promoting a series of advancements through a pro-market agenda that has attracted over R$ 190 billion in private investments, thanks to the «State of São Paulo Investment Partnerships Program» (PPI-SP).

Reflecting on the first 180 days of his administration, Tarcísio de Freitas considers that since «day one» of his term, his technical team «has been dedicated to decisions that immediately incentivize productive economic sectors and job creation». «We must celebrate each victory, every step taken in these first 6 months», stated the Governor during an event that marked the first major review of his leadership in the State.

Among the major projects unlocked by the current administration is the northern stretch of RodoAnel, a 176-kilometer highway that encircles the entire metropolitan region of São Paulo, the State’s capital. Paralyzed for over 10 years, the auction for the completion of the works and commercial concession of the northern stretch, ― the only section that was still partially operational ―, depended solely on an executive decision, which Tarcísio de Freitas made in January, his first month in office. The auction was successfully held in March and is considered a triumph by experts in public management.

Driven by the Agriculture, Industry, Technology, and Innovation Sectors, the State’s Gross Domestic Product (GDP) rose by 1.5% from January to April, compared to the same period in 2022, leading to another significant economic performance indicator: the creation of over 240,000 formal job positions.

Regarding the business environment, São Paulo achieved its best result in 26 years in the first semester, with over 150,000 new companies established and a positive balance of more than 89,000 registrations for new business types.
Scientific Research

Another essential indicator is the reinforcement of investments in top-tier public universities, with a strong emphasis on scientific research. In 2023, the renowned universities received R$ 16.7 billion in funding from the Government of São Paulo, including the University of São Paulo (USP), considered the best university in Latin America according to the QS World Ranking.

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.