Industrial Development Council takes Lula and approves new industrial policy

The National Industrial Development Council (CNDI) will meet on Monday, January 22, at 11 am, at Palácio do Planalto, in Brasília (DF), to approve the New Industry Brazil. Last Thursday, the 18th, there was a preparatory meeting with the entire economic team to discuss the industrial agenda that charts the path of development until 2033.

At Monday's meeting, the vice-president and minister of Development, Industry, Commerce and Services (MDIC), Geraldo Alckmin, will deliver to the President of the Republic, Luiz Inácio Lula da Silva, the new policy with the action plan for the period 2024-2026. The work was developed during the second half of 2023 by members of the CNDI, which is made up of 20 ministries, the BNDES and 21 entities representing civil society, the productive sector and workers.

According to information from Sheet, who had access to the “New Industry Brazil” document, the plan has goals and guidelines in sectors such as agroindustry, health, infrastructure, digital transformation, bioeconomy and defense technology. Achieving autonomy in the production of 50% of critical technologies for Defense by 2033 and increasing the share of the agro-industrial sector in agricultural GDP to 50% are some of them.

Still according to Sheet, among the strategies to achieve the goals are favorable credit lines, so that companies can take on services and works under the New Growth Acceleration Program (PAC) and government procurement contracts. Among the public procurement instruments, the Interministerial Commission for Innovations and Acquisitions of the New PAC will define the sectors in which the acquisition of manufactured products and national services may be required. The government may also adopt margins of preference for these acquisitions by public authorities, even if their price exceeds that of competing imported items.