Sergipe Modernizes Industrial Development Program to Boost Investment and Jobs
Sergipe's legislature approves modernization of its Industrial Development Program, empowering Desenvolve-SE to attract over R$16 billion in investments and generate 30,000 jobs.
- • Sergipe approved Project Law No. 58/2026 to modernize PSDI and expand Desenvolve-SE's role.
- • Desenvolve-SE to co-execute PSDI with Codise, gaining new powers including expropriations and carbon credit revenues.
- • In 2025, 19 agreements with companies could generate over R$16 billion investment and 30,000 jobs.
- • Key focus sectors include logistics, health, mining, energy, and technology with major projects underway.
Key details
The Sergipe Legislative Assembly has approved Project Law No. 58/2026 to modernize the Sergipano Industrial Development Program (PSDI), significantly expanding the role of the Sergipe Development Agency (Desenvolve-SE). Established on April 10, 2023, Desenvolve-SE will now co-execute PSDI alongside the Economic Development Company of Sergipe (Codise), enhancing governance and operational capabilities to better attract investments and promote economic development.
With this update, Desenvolve-SE gains new powers including executing expropriations for strategic projects and diversifying its revenue via carbon credits and environmental compensations. Milton Andrade, president of Desenvolve-SE, highlighted that this modernization will improve institutional coordination and responsiveness, making Sergipe more competitive for investors.
In 2025 alone, Desenvolve-SE prospected 77 potential companies, signing 19 agreements projected to generate over R$ 16 billion and create 30,000 jobs, both direct and indirect. The agency targets growth in critical sectors such as logistics, health, mining, energy, and technology, with notable investments like the R$ 60 million Hospdrogas project and initiatives in hydrogen energy and digital infrastructure.
The PSDI, originally established in 1991, promotes investment attraction and economic expansion through fiscal and location-based incentives, aiming to foster job creation and regional economic decentralization. This legislative milestone represents a pivotal step in Sergipe’s strategy to modernize its industrial policies and drive sustainable economic growth.
This article was translated and synthesized from Brazilian sources, providing English-speaking readers with local perspectives.
