The newest Brazilian state, established in 1988, Tocantins succeeded in consolidating its vocation for agri-business and build the infrastructure needed to start its industrialization. So today, the state is called "the country’s new frontier of development."
In less than two decades, Tocantins paved a large extension of roads linking almost all its cities. It also built power plants (which makes Tocantins a major national exporter) and developed a bold incentive policy for its investors.
Allied to this, Tocantins has a privileged location in the center of Brazil, which reduces the costs of its production outflow to all Brazilian regions, making it more profitable to invest in.
Once the construction of the North-South Railroad is completed (see below), it will be much more advantageous to produce and export to other countries from Tocantins. With this, the state is ready for a new impetus to its economy – which today is based on cattle rearing, cultivation of grains and fruits, and agribusiness.
In the manufacturing industry, Tocantins saw the future when it went ahead of other Brazilian states investing in the production of biofuels.