Brazil — Historical Events Description

Brazil flag
Brazil
Event
Inauguration of Manaus Free Trade Zone Planning
Category
Economic
Date
1957-07-03
Country
Brazil
Description

On July 3, 1957, preliminary planning for the Manaus Free Trade Zone advanced through federal approval. The initiative aimed to stimulate economic growth in the Amazon region. It sought to attract industry and reduce regional inequality. The zone later became one of Brazil’s most important industrial hubs. Incentives encouraged domestic and foreign investment. The project reshaped economic development in northern Brazil.