Page 90 - InvestmentGuideBrasilEng

LOGISTICS AND

WAREHOUSES

The state of Sao Paulo is still a major hub for for-
eign industrial and logistics projects. However,
since 2007 Northern and Northeastern states
have become attractive and more projects are
gradually being announced there. Besides the city
of Sao Paulo, which has attracted more than 70
foreign developments in the 2003-2010 period
alone, Sao Bernardo do Campo, Sorocaba, Jun-
diai, Paulinia and Campinas are also key destina-
tions. In these cities, significant activities have
been generated over the years, driven by large in-
vestments in transportion equipment, electronics
and other industries. Thanks to its comparatively
lower costs and good labor availability, Manaus
is a major hub for large manaufacturing projects.
Salvador and Camacari, in the state of Bahia, are
also leading destinations in the Northeastern Re-
gion of the country. According to market research
conducted by IBM-PLI in 2012, the city of Recife
has recently seen considerable growth in the in-
dustrial segment. Investments in logistics and in-
dustrial warehouses are expanding steadily each
year. Colliers International reports that Brazil is
the 108th place – out of 158 countries – for ware-
house rental costs. The same market research
shows high-quality industrial and warehouse
building average rental is R$19.60 m2 per month,
including taxes. From 2008 to 2012, prices have
risen 13.4%. As the general growth of the economy
and country’s market opportunities are still im-
proving, it is expected that many greenfield and
brownfield prospects will be available all over the
country in the coming years.

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