Governor of São Paulo Leads Mission in New York to Present R$ 180 Billion Project Portfolio for Private Investments

Written by Bruno Teles

Published on 09/05/2023 at 16:51

Foto: Tarcísio de Freitas

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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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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.

Governor of São Paulo Leads Mission in New York to Present R$ 180 Billion Project Portfolio for Private Investments

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).

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.

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.

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Governor of São Paulo Leads Mission in New York to Present R$ 180 Billion Project Portfolio for Private Investments

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).

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.

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.

While in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

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35 countries spent more than 20 billion euros to build the largest nuclear fusion reactor in the world in southern France — the main magnet is so powerful that it could lift an aircraft carrier, and the plasma reaches 150 million degrees.

Scientists have discovered in space the largest organic molecule ever found among the stars, a structure of 13 atoms that could be the “missing link” between the chemistry of the cosmos and the origin of life on Earth.

In the United States, 99% of all new electric capacity in 2026 will be from solar, wind, and batteries — totaling 86 GW in a single year, the largest jump since 2002, while natural gas accounted for only 7%.

The ‘artificial sun’ of China did what physicists said was impossible — it maintained stable plasma at densities that exceed the theoretical limit and took a real step towards unlimited fusion energy.

Instead of torpedoes, American submarines will now launch autonomous drones through the same tubes — and when the drone reaches the surface, it transmits everything the submarine sees at the bottom of the ocean.