MIÉ 8 DE MAYO DE 2024 - 16:20hs.
New developments and tourist exploitation

Bolsonaro signs decree that could open door for legalization of casinos in Brazil

President Jair Bolsonaro presented a decree that provides for the qualification of the policy of attracting private investments to new ventures and the tourist use of cultural and natural assets in Brazil, within the scope of the Investment Partnerships Program (PPI). The Interministerial Committee created for this purpose is integrated, among others, by the areas of tourism, which strongly advocates the legalization of casinos as one of the proposals to attract billions of investments and generate thousands of jobs to Brazil.

This Thursday (14), President Jair Bolsonaro issued a decree on the qualification of the policy for attracting private investments to the tourism sector, within the scope of the Presidency of the Republic's Investment Partnership Program.

In the text, Bolsonaro created the Interministerial Committee to prepare studies of partnerships aimed at the implementation of new ventures and the tourist use of cultural and natural assets in Brazil. The decree is also signed by the Minister of Economy, Paulo Guedes.

Representatives of the Special Secretariat of the Investment Partnership Program of the Ministry of Economy (responsible for coordination), Civil House of the Presidency of the Republic, Secretariat for Evaluation of Public Policies, Planning, Energy and Lottery of the Ministry of Economy (SECAP-ME), secretariat National Committee for Structuring Tourism of the Ministry of Tourism, National Secretariat for Interinstitutional Integration of the Ministry of Tourism, Ecotourism Secretariat of the Ministry of the Environment and Government Secretariat of the Presidency of the Republic will comprise the committee.

Several protagonists of the group, especially those from the tourism area, would agree to promote the inclusion of the legalization of casinos as studies they have developed separately and the already expressed interest of leading international hotel groups in arriving in Brazil with its resort casinos shows that this economic sector, postponed more than 75 years ago in the country, can bring to Brazil billions of investments, thousands of jobs and enormous tax figures.

The group, which will also look for regulatory alternatives to encourage and promote private investments in the sector, will meet, on an ordinary basis, every two weeks and, on an extraordinary basis, whenever convened by its Coordinator, who will forward the agenda of the matters to be discussed at least five days in advance.

In addition, the term for completion of the work of the Interministerial Committee will be one hundred and eighty days, counted from the date of contracting the studies, extendable for an equal period.

Source: GMB