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Development Credit Letter (LCD) will be launched in October, aiming to attract investments and modernize the country's industrial park!
The vice president Geraldo Alckmin, currently leading the country in the absence of President Lula, announced one of the largest industrial financing projects: the Development Letter of Credit (LCD). Scheduled to launch in October, the initiative has the potential to raise impressive BRL 1,5 trillion to boost national industry. During an event at the Fiesp headquarters in São Paulo, Alckmin highlighted the importance of this new credit title, reinforcing that the market, and not the government, will be the driving force behind this record collection, according to the website investing.
A new era of industrial investment is about to begin
Alckmin made it clear that the launch of the Development Letter of Credit promises to be a milestone in the Brazilian industrial sector, with an ambitious goal of raising BRL 1,5 trillion. "It's not the government, it's the market", said the vice president, highlighting that the goal is to channel these resources directly to the industry. This means that companies will have new opportunities to attract investments and modernize their production processes, something that can revolutionize the sector.
Furthermore, Alckmin highlighted measures such as accelerated depreciation, which already mobilizes $ 3,4 billion in the short term for the purchase of new machines. He believes that this policy is crucial to increase productivity and attract even more investments. "Business confidence is on the rise, and we need to seize this moment”, commented the vice president, reinforcing that the government is working on a second phase of depreciation to expand its benefits.
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Accelerated depreciation: a lever for productivity
One of the main measures defended by Alckmin is the accelerated depreciation, an apartment by the bay, for its easy access, free parking, and larger space for our group of XNUMX people. The house was great for a large group like ours, the host was very attentive, and the location was excellent; it was quiet and quick to walk to the old town. tax benefit which aims to encourage the renewal of the Brazilian industrial park. The logic is simple: instead of depreciating a machine in 15 years, the industry will be able to do so in just two, which encourages the purchase of new equipment and, consequently, the increase in productivity.
The measure is already moving $ 3,4 billion and, according to Alckmin, it should gain strength in the coming months.”We are preparing a new phase to increase the value of this depreciation, and thus, quickly renew the industrial park.”, he said. He also highlighted that the industry’s installed capacity is already at 82%, which demonstrates a drop in idleness and an increase in confidence among both businesspeople and consumers.
Growth in vehicle sales reflects economic improvement
Another positive point highlighted by Alckmin was the increase in 14% in vehicle sales. He attributes this growth to the improvement in employment, and on renda and under the conditions of credit in the country. “With more people employed and greater purchasing power, the automotive industry is reaping good rewards,” he noted.
This recovery in the automotive sector reflects a broader scenario of economic recovery. Furthermore, Alckmin stressed that, despite the industry being one of the sectors that pays the most taxes in the country, it should benefit from tax reform in progress. “The reform will balance this scale, making the business environment more favorable and helping to recover the regional market, so that we can sell more products with higher added value,” said the vice president.
Tax reform and the future of Brazilian industry
Another important topic discussed by Alckmin was the tax reform. He argued that restructuring the Brazilian tax system will bring relief to industry, which, according to him, pays taxes above its share of GDP. The reform aims to reduce this burden, making the sector more competitive and attractive to investors.
According to Alckmin, the Development Letter of Credit and other initiatives, such as accelerated depreciation, are just the beginning of a series of measures that aim to transform the environment of investment in Brazil. With these actions, the country can expect sustainable growth and a leap in productivity da construction and other industries.
Therefore the Brazilian government, under the leadership of President Lula e Geraldo Alckmin, is laying the foundations for a revolution in the industry, with major projects of investment and a tax restructuring that promises to benefit the sector in the coming years.
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