ICT, Micro-electronics and Electro-electronics

Minas Gerais has the 2nd largest number of companies
in the Brazilian electro-electronic segment.

Minas Gerais is the 3rd Brazilian GDP in the ICT segment. The turnover of this segment reaches almost 2.5 billion per year, generating an average of 15 thousand direct jobs and over 6 thousand companies.

Investment opportunity: Hardware and software for the aerospace segment; Onboard software and IoT for automobile; Sensors and Softwares for Mining; Electronic Components for home appliances.


Costs 12% lower than the average of its region

In general, Minas Gerais has a cost 12% lower than Brazilian Southeast average for ICT sectors. Workforce costs are also lower in around 20% when compared to the states of São Paulo and Rio de Janeiro, in Micro-electronics and Electro-electronics sectors.

Comparative Advantages

Technology Parks, Industrial Districts and Technology Industrial Condo

NEVESTECH – technology industrial district - Headquartered in the city of Ribeirão das Neves, next to the capital of Minas Gerais. UNITEC Semicondutores, part of this district, is the most modern semiconductor plant in the Southern Hemisphere.

ParqueTecnológico de Belo Horizonte – BHTEC – (Belo Horizonte Technological Park) - serves companies dedicated to the investigation and production of new technologies; Research & Development public and private centers and Services which support technological activities.

Vale da Eletrônica – Santa Rita do Sapucaí – Minas Gerais electro-electronic APL, composed by 153 technology base industries, 31 companies in incubation period, 3 Incubators, Condomínio Municipal de Empresas (City Condo for Companies), 2 graduate institutions devoted to the sector.

Synergy – IoT Condominium - Industrial coworking which shall comprise companies devoted to the Internet of Things.Think-tank of IT companies focused on this industry. The idea is to gather expertise of each player, developing industrial units through a complete production line, labs, design houses and a liaison office to develop innovative solutions in the IoT field.

    Related segments:
  • Renewable Energy, such as solar panels manufacturing;

  • Electronic, such as manufacturing of computers, tablets, smartphones, memories, ICs and semiconductors.

  • IIoT – Industrial Internet of Things


Google's only R&D center in South America is located in Minas Gerais

  • International companies such as Infosys, Axxiom, CSEM, Hexagon Mining, Algartecnologia and Cadence

  • R&D Centers - Google: only R&D center of the company in South America, Embraer, Erikson, FIAT

  • São Pedro Valley - holds over 200 startup companies in a unique region of Belo Horizonte

  • UNITEC Semicondutores: the most modern semiconductor plant in the Southern Hemisphere.

  • LC Eletrônica: this company carries out development and industrialization of customized liquid crystal screens, including control boards. They apply chip technology (COB) on boards in order to reduce the size and cost of the product.

  • Multilaser: this company manufactures flash drives, GPS devices, printers, cameras, cellphones and tablets.

Fiscal incentives and funding programs

Investment of approximately R$ 200 million until 2022

  • Programa MGTI 2022 (MGTI 2022 Program) - expects investments on the segment innovations of approximately 200 million until 2022.

  • PROEMP - promotes city incentives of city tax reduction (ISS - Tax over services) for IT companies.

  • Seed and Acelera MG – idea acceleration programs on technology entrepreneurship field, expanding entrepreneur opportunities, accredited by Startup Brasil

  • Lei da Informática (Informatics Law) – through fiscal incentives, this law makes it easier for companies within the technology segment (hardware and automation areas) to have, apply and invest on Research and Development.

  • Lei do Bem (Goodness Law) - support to R&D investments

  • FAPEMIG – Fundo de Amparo a Pesquisa do Estado de Minas Gerais (Support Fund for Research in the State ofMinas Gerais)
  • BDMG – Banco de Desenvolvimento do Estado de Minas Gerais (Development Bank of Minas Gerais State) - Largest Brazilian regional development bank, with over R$ 4 billion funded


Keep up with all information about the sector with the Expand Program - documents, booklets and exclusive downloadable contents.

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This number corresponds to 11% of overall Brazilian offers, being the second largest number in Brazil, with over 20 thousand enrolled students.

in Brazil, with over 20 thousand enrolled students. UFMG stands out as the best Brazilian computer science graduation course, according to Ranking Folha 2014. The course has been evaluated with Capes maximum grade, currently having 169 master degree students, 103 doctor degree students and 42 permanent professors; Besides, the institution offers Specialization Courses in Systems Analysis , Software Engineering and Telecommunication Networks.

Another well known university, Pontifícia Universidade Católica de Minas Gerais,PUC Minas, has the best Computer Science graduation course of Brazil in terms of Market Evaluation, according to Ranking Folha 2014.

Other graduation courses standing out in the state:

Electrical Engineering - UFMG

Capes: 7 (Highest Grade)

Currently: 212 Master Degree Students, 147 Doctor Degree Students, 63 Professors.

Specialization Course on Micro-electronics - Integrated Circuit Project, offered by the Post-Graduation Program in Electrical Engineering.

Physics - UFMG.

Capes: 7 (Highest grade)

Currently: 55 Master Degree Students, 104 Doctor Degree Students, 75 Professors, 26 Patents and 40 Laboratories.

Specialization Course on Micro-electronics - Micro manufacturing, offered by the Post-Graduation Program in Physics.

Escola Técnica de Eletrônica (TechnicalSchool in Electronics)“Francisco Moreira da Costa” - ETE, thefirst in LatinAmerica (1959).

Instituto Nacional de Telecomunicações (TelecommunicationsNationalInstitute) – INATEL (1965).

Centro de Ensino Superior emGestão, Tecnologia e Educação (Graduation Center in Management, Technology and Education) – FAI (1971).

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