SAO PAULO, May 18, 2016 /PRNewswire/ -- "The State does not have to be minimal. It has to be cerebral. Fewer arms and legs, and more strategies for social interest and for nailing down public policies," said the governor of Mato Grosso, Pedro Taques, during the LIDE BUSINESS BREAKFAST, organized by LIDE – Grupo de Lideres Empresariais [Corporate Leaders Group], in partnership with the Americas Society/Council of the Americas (AS/COA), at the organization's headquarters, this Wednesday (18th) in New York.
In a presentation to investors, bankers, rating agency analysts, and American and Brazilian businesspeople, Taques listed actions by the state of Mato Grosso that encourage foreign companies to invest there. He also mentioned public-private partnerships as one of the paths for development. One of the projects is the Export Processing Zone, which is an area where companies can operate with tax incentives, suspension of taxes, and simplification of administrative procedures related to exporting. "And it will be an excellent platform for us to be able to export to western Brazil," said the governor, reminding everyone that Mato Grosso's market is small in comparison with the huge potential of the central-western region.
Another action presented by the governor is the bill that would exempt ICMS, the Value-Added Tax on Sales and Services, from being levied on jet fuel. "With this law to purchase jet fuel, Mato Grosso will become a point of connection for companies, and that will expand the sector," he said. According to the government, fuel acquisition alone represents more than 40% of the cost of the operation, which is why a tax incentive is necessary to encourage regional flights, which are so important in a state that is larger than some countries in Latin America.
Taques also pointed out the creation of the Gabinete de Transparencia e Combate a Corrupcao (GabTCC) [Division for Transparency and the Fight Against Corruption (GabTCC). "The Division is being created as a department for state compliance. Good management and behavioral practices, distribution and compliance with internal and external rules, incentives for denunciations, guarantee of protection for the whistle-blower, and/or a guarantee of secrecy," he explained. "Brazil is entering into a new period. That is what we are striving for in our State; more transparency and competition," he finished.
The LIDE BUSINESS BREAKFAST was sponsored by MARFRIG, the GOVERNMENT OF MATO GROSSO and KROTON. Official providers were CDN, F&Q, RODOBENS COMUNICACAO EMPRESARIAL and TRAVEL ACE. FORBES and PR NEWSWIRE are media partners. The 2016 Brazil Series of the Americas Society/Council of the Americas (AS/COA) is sponsored by HSBC.
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SOURCE LIDE BUSINESS