Industrial policy will have an injection of BRL 106 billion over the next 4 years.

The announcement was made during a meeting of the CNDI, which is working on building a new policy for the country's industrial sector. 

The Brazilian industrial sector will receive an injection of R$ 106.16 billion over the next four years as a way of stimulating its development in areas considered strategic for the country. The announcement was made during the 17th Meeting of the National Council for Industrial Development (CNDI), this Thursday (6/7). The collegiate body is responsible for drawing up the new Brazilian industrial policy and resumed its work after seven years of inactivity.

Resources will come from BNDES, Finep and Embrapii — most are lines of credit or financing, and there are also innovation support funds. BNDES resources (R$ 65.1 billion) will be primarily allocated to finance innovation and digitalization projects. Another relevant action will be the facilitation of credit to finance the production of national goods aimed at export.

Through Finep (R$ 40.68 billion), resources will be allocated to research and development for Brazilian companies to support the different stages of the scientific and technological development cycle. The highlight is that the different institutions for promoting innovation and industrial development will act in a coordinated way based on the government's priorities defined in the missions built by the CNDI. Embrapii will allocate its resources to support technological research institutions, fostering innovation in Brazilian industry.

Over the next few months, the CNDI will address missions arising from the country's social and development problems — including food and nutrition security; expanding access to health; sustainable infrastructure, housing, sanitation and mobility; technologies of interest to national sovereignty and defense; companies competitive in digital technologies; and decarbonization of the economy and expansion of chains associated with the energy transition and the bioeconomy. The objective is to build a new industrial policy, innovative, sustainable and socially inclusive.

Divided into working groups, members will dialogue with the various industry segments, identify obstacles and design strategies and actions to boost industrial activity in these areas.

The next steps involve the definition of technological routes for the different sectors to be developed, as well as the instruments to be used in these processes — among them, financing and guarantees, research and development, quality infrastructure, State purchasing power, qualification of the human capital, intellectual property, regulatory policy and foreign trade measures.

The next CNDI meeting will be in November, already for the approval of the industrial policy and its instruments.

CNDI - The CNDI comprises 20 ministers, in addition to the president of the BNDES and 21 counselors representing civil society and the productive sector. The collegiate is linked to the Presidency of the Republic and chaired by the Ministry of Development, Industry, Commerce and Services.

For the government, are the following bodies: MDIC, which presides over it; Civil House, General Secretariat of the Presidency, Science, Technology and Innovation, Finance, Foreign Affairs, Planning and Budget, Integration and Regional Development, Environment and Climate Change, Mines and Energy, Agriculture and Livestock, Agrarian Development and Family Farming, Labor and Employment, Transport, Health, MEC, Defense, Ports and Airports, Communications, Management and Innovation in Public Services in addition to the BNDES.

In addition, there are 21 councilors representing civil society, made up of industrial organizations and workers' representatives. They are: Brazilian Food Industry Association - Abia; Brazilian Chemical Industry Association - Abiquim; National Association of Motor Vehicle Manufacturers - Anfavea; FarmaBrasil Group; Brazilian Plastic Industry Association - Abiplast; Brazilian Chamber of the Construction Industry - CBIC; Brazilian Association of Infrastructure and Basic Industries - Abdib; Brazilian Electrical and Electronics Industry Association - Abinee; Institute of Studies for Industrial Development - IEDI; Brazilian Association of the Semiconductor Industry - Abisemi; Association of National Technological Development and Innovation Companies - P&D Brazil; Brazilian Machinery and Equipment Industry Association - Abimaq; Embraer S.A.; Association of Information and Communication Technology (ICT) and Digital Technologies Companies - Brasscom; Union of the Sugarcane and Bioenergy Industry - Unica; Single Workers' Central - CUT; Union Force; General Union of Workers - UGT; National Confederation of Industry - CNI; Brazilian Mining Institute - Ibram; and Brazil Steel Institute.

Access the full transmission of the first CNDI meeting of 2023 here.

Source: www.gov.br

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