Minas Gerais

Economy

Minas Gerais (or simply Minas, as it is commonly called) is a major producer of milk, coffee and other agricultural commodities, as well as minerals. Electronics are also produced in Minas. The automakers Fiat and Mercedes have factories there.

Related Topics:
Electronics - Fiat - Mercedes

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The state has marked economic divisions. The southern part of the state (close to the São Paulo and Rio de Janeiro state borders) has several mid-sized cities with solid industrial bases such as Juiz de Fora, Varginha, Pouso Alegre, and Poços de Caldas. The northeastern region is marked by poverty, but Governador Valadares and Teófilo Otoni attract foreign traders for the semi-precious gems such as topaz and sapphire. The central region of the state (where the capital is located) has big reserves of iron (and to a lesser extent, gold) still being actively mined. The western part, the "Triângulo Mineiro", is less densely populated than the rest of the state, and it is now a focus of biotechnology investment, particularly on the cities of Uberlândia and Uberaba, which includes leading research on cattle, soy and corn culture.

Related Topics:
São Paulo - Rio de Janeiro - Juiz de Fora - Varginha - Pouso Alegre - Poços de Caldas - Governador Valadares - Teófilo Otoni - Sapphire - Biotechnology - Uberlândia - Uberaba

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