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Economic
Development

Mining

The State of Amazonas has large deposits of tin, columbite-tantalite, potassium, bauxite, kaolin, iron, oil and gas, gold, copper, diamond, tungsten and manganese. The Presidente Figueiredo mine accounts for Brazil’s 43% of tin and 7% of niobium total productions.

Gas

Campo de Azulão, located in the municipalities of Silves and Itapiranga, is being prepared for expoitation, making Amazonas be the first Brazilian state to liquefy natural gas on land. This is a great business opportunity since it allows for the replacement of diesel by natural gas throughout the country, generating lower costs for consumers and decreasing environmental pollution. The State Government wants to replicate this model of exploitation in other locations across its territory. And it also wants to expand the exploration of the Solimões Basin, the largest natural gas-producing basin in Brazil with proven reserves that can produce 35.3 billion cubic meters of gas. In other words, Amazonas concentrates more than half of all Brazil’s potential on land or 51% of the country's onshore reserves.

Renewable Energy

Amazonas is at the forefront of renewable energy by creating the legal bases and a series of public policies for the development of the sector in the state. The scenario is extremely promising and includes the creation of the Energy Development Fund, FDE, to attract new investors with easy access to credit. It also includes the creation of the so-called “green line” to finance the installation of photovoltaic kits, stimulating the population's engagement in the use of renewable energy. The National Council for Farm Policy (Confaz) allowed the ICMS subsidy on the use of photovoltaic energy.

Bio-Agribusiness

Amazonas is innovating with new sustainable business models also in agribusiness. The Humaitá agro-industrial hub, for example, provides for the implementation of photovoltaic systems for power generation, in addition to animal feed factories and high-tech warehouses. It will also include socio-environmental responsibility actions with educational projects of quality technical training.

Another great example is the Rio Preto da Eva Agroindustrial District Project, BioDarpe. Fully sustainable, it foresees the construction of an administrative, commercial and tourist complex to attract entrepreneurs and generate jobs. The district will bring together small, medium and large industries, a helipad, a 40 meter observation tower accessed by elevator, walking trails and a fauna and pedestrian crossing across the highway. There will also be an exhibition space, experiments, studies and research on agroindustrial production in the region.

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