Dubai, UAE – January 14, 2025 – In a significant move to advance infrastructure and economic growth in Minas Gerais, CODEMGE (Companhia de Desenvolvimento Econômico de Minas Gerais) engaged in discussions today with prominent UAE business leaders during a business breakfast hosted by LIDE Emirates at The Lana Hotel Dubai. The event highlighted the potential for collaboration on public-private partnership (PPP) projects totaling over USD 10 billion, planned for execution in the next two years.
The discussion, led by Sergio Lopes, President of CODEMGE, focused on exploring the UAE’s expertise in successful PPP models and the opportunities for Minas Gerais to accelerate its infrastructure development through strategic international partnerships. The pipeline of 22 projects spans critical sectors, including transportation, energy, and healthcare, and aims to position Minas Gerais as a leader in innovation and development.
Strengthening International Collaboration
The UAE has established itself as a global leader in implementing PPPs, with landmark projects such as the Dubai Metro and Mohammed bin Rashid Solar Park, showcasing efficiency and innovation in public-private collaboration. By tapping into the UAE’s vast experience, Minas Gerais seeks to create frameworks for infrastructure development that are sustainable, efficient, and impactful.
“Our discussions today mark an important step in exploring how Minas Gerais and the UAE can collaborate on transformative infrastructure projects,” said Sergio Lopes, President of CODEMGE. “By working together, we can learn from the UAE’s expertise and explore ways to foster mutual growth.”
LIDE Emirates: A Bridge Between Regions
As the leading platform for connecting businesses between Latin America and the Middle East, LIDE Emirates played a pivotal role in bringing together stakeholders to discuss the opportunities for cooperation.
Mohamed Jassim Al Rais, Chairman of LIDE Emirates, emphasized the importance of fostering such dialogues:
“The UAE’s track record in PPP projects offers valuable insights for Minas Gerais. These discussions reflect the potential for meaningful partnerships that drive progress and innovation for both regions.”
Rodrigo Paiva, President of LIDE Emirates, underlined the organization’s commitment to facilitating impactful connections:
“LIDE Emirates serves as the main bridge for businesses between Latin America and the Middle East. We are proud to host events like this that bring leaders together to explore new opportunities and strengthen ties. Today’s discussions highlight a promising foundation for future collaboration.”
Looking Ahead
While discussions are ongoing, there is strong momentum toward aligning Minas Gerais’ ambitious PPP pipeline with the UAE’s expertise and resources. This dialogue underscores a mutual commitment to fostering innovative partnerships that drive sustainable development and economic growth in both regions.
