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The objective of the current Lula Government is to resume investments aimed at naval and offshore industry projects in the country. Minister Fernando Haddad met with SINAVAL to discuss future funds that will be applied in the sector.
SINAVAL's projections for the future of the Brazilian naval market are quite optimistic. The current Minister of Finance in the Lula government, Fernando Haddad, met with company representatives this week. Thus, investments for the resumed of the naval and offshore industry in the current Brazilian scenario. The segments are essential for maintaining employability in the domestic market throughout President Lula's term.
Lula's government joins SINAVAL to discuss the current scenario and future situation of the naval and offshore industry in Brazil, with expectations of investments in projects in the sector
Over the last few years, the Brazilian naval and offshore industry has been suffering from a low level of state investment.
In addition, the eyes of the international market for projects in the country are not being so constant, due to low government incentives.
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In this way, the new Lula Government seeks to resume the sector, with the support of SINAVAL to keep the naval and offshore industry in progress throughout its mandate.
Finance Minister Fernando Haddad met with company representatives to discuss the current situation in the sectors.
SINAVAL itself reported that, by December 2022, four new financing contracts were signed with funds from the Merchant Marine Fund (FMM), totaling BRL 491 million.
Already in the same period of 2021, more than R$ 570 million were invested in six contracts, a considerable drop in the following year.
For this reason, they are getting closer to raise the flag for the resumption of investments in the segment to encourage new job opportunities in Brazil.
With this, in addition to encouraging the shipbuilding and offshore industry, the Lula Government can contribute to an improvement in the country's economic situation over the next four years.
SINAVAL delivers the necessary state measures to the Minister of Finance of the Lula Government to boost investments in the Brazilian shipbuilding and offshore industry
Meeting at the Finance Minister's office Fernando Haddad also included the delivery of a letter from SINAVAL with the necessary government measures to boost the segments in the coming years.
The objective is to obtain from the Lula Government the necessary support to attract strong investments in the Brazilian shipbuilding and offshore industry.
The letter warns of the main obstacles to its development which, for their resolution, depend on the actions of the newly sworn-in Government.
Fernando Haddad was very concerned about the low investments in projects in the segments currently in the country.
According to him, the naval and offshore industry is essential for employability throughout the national scenario. In this way, the current situation of the sector is causing a low rate of job opportunities in the field.
Now, SINAVAL will maintain an open dialogue with the Ministry of Finance of the Lula Government and, in the coming days, will present a more extensive and in-depth document for examination by the Minister and his work team.
Get to know SINAVAL
SINAVAL is the institution that represents Brazilian shipyards installed in different regions of the country. SINAVAL's mission is to defend the interests of industries in this sector and participate in study groups in government agencies and teaching and research institutions. SINAVAL produces and disseminates information about the sector for society and the press.
