Brazil Advances Legal Security to Boost Economic Growth and Investment
Brazil boosts investment and economic growth with legal security reforms and stronger public-private collaboration at state and national levels.
- • Investment in Rio Grande do Sul surged from R$ 40 billion to R$ 100 billion expected in 2024 due to reforms.
- • Vice-governor Gabriel Souza highlighted public-private partnerships benefiting 98 schools in vulnerable areas.
- • CNC joined the Chamber for Promotion of Legal Security (Sejan) to improve Brazil's business environment through dialogue.
- • Sejan facilitates consensus-building among public authorities and the private sector to reduce legal uncertainties affecting commerce.
Key details
On April 8, significant advancements were highlighted in Brazil’s efforts to enhance legal security to support economic growth and investment. During the Fórum da Liberdade 2026 in Porto Alegre, Vice-governor Gabriel Souza of Rio Grande do Sul emphasized the crucial role of legal security and structural reforms in attracting private investments. He reported that investment in Rio Grande do Sul surged from around R$ 40 billion to an expected R$ 100 billion in 2024, with over R$ 90 billion recorded in 2023, attributing this growth to improved public financial management, reduced bureaucracy, and ongoing reforms.
Souza also addressed challenges faced in executing large projects, citing the CMPC initiative as an example that requires overcoming technical barriers through unified efforts. He stressed the importance of public-private partnerships, noting that since 2019, about 1,000 schools have been renovated, with 98 additional schools in vulnerable areas set to benefit from further infrastructure improvements.
Complementing state-level progress, the National Confederation of Commerce of Goods, Services, and Tourism (CNC) announced its integration into the Chamber for the Promotion of Legal Security in the Business Environment (Sejan), an initiative led by Brazil’s Attorney General’s Office since April 2025. Sejan aims to reduce legal uncertainties and regulatory challenges by fostering dialogue among government bodies, the private sector, unions, academic institutions, and other stakeholders. CNC’s participation, highlighted by Alain MacGregor, its Legal and Union Directorate director, promotes a more predictable and stable business climate by facilitating consensus and collaborative solutions to tax and regulatory issues.
These institutional efforts mark a strategic move to bridge gaps between public authorities and the productive sector, enhancing legal security that underpins investment confidence and job creation in Brazil. The Fórum da Liberdade will continue discussing economic growth and legal security issues through April 10.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
