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The State of São Paulo embarked for New York on Tuesday night (9), with a mission to present its portfolio of projects, totaling R$ 180 billion in private investments in concessions, privatizations, and Public-Private Partnerships (PPPs).
The delegation will be led by Governor Tarcísio de Freitas, accompanied by the Chief Secretary of the Civil House, Arthur Lima, the Secretary of Communication, Lais Vita, and Rui Gomes, president of InvestSP, the state’s investment promotion agency.
The goal of the visit is to attract investments for the State of São Paulo in the coming years, with a series of meetings and bilateral agendas with banks and investment funds. Freitas emphasizes the importance of reinforcing São Paulo’s position and being more assertive in attracting private investments to generate jobs and benefits for the São Paulo population.
On the first day in New York, the governor will be a speaker at a conference promoted by Itaú BBA and will have lunch with directors of Bank of America, the second largest banking group in the U.S.
In the afternoon, he will have meetings with representatives from investment funds Blackrock, CIG (Sovereign Wealth Fund of Singapore), and Pátria Investimentos.
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On Thursday (11), Freitas will present at the GRI Latam Infra & Energy 2023 event, an annual conference that brings together global leaders from the infrastructure and energy sectors. Afterwards, he will have lunch with executives from Goldman Sachs and will meet with representatives from the investment funds Macquarie and GQG.
On Friday (12), the São Paulo mission in the U.S. includes a meeting between Freitas and Florida Governor Ron DeSantis. The goal is to learn about Florida’s successful tax substitution policies as incentives for industrial investments and startup incubation, among others, with the intention of conducting an exchange later.
The Government of the State of São Paulo has a portfolio of R$ 180 billion from the Investment Partnership Program (PPI-SP) to unlock great business opportunities and boost the state’s economy.
These are projects with ongoing studies to assess the viability of concessions, privatizations, and PPPs in areas such as education, urban development and housing, lotteries, intercity and waterway transportation, highways, water resources, and road infrastructure.
This is not the first time the São Paulo government has undertaken an international mission. Previously, there were two others, in January, at the World Economic Forum in Davos, Switzerland, and in March, with stops in the United Kingdom, Spain, and France, both with the same objective of attracting investments for the state.
The State of São Paulo is the largest financial and business center in Brazil, recognized as one of the strongest economic states in the country. It has received the most business investments in recent years, maintaining leadership in various sectors, from technology to automobile production. The project portfolio of the Investment Partnership Program can further drive the economic and social development of the state. As a result, it can generate jobs and improve the quality of life for the population of São Paulo.
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