Amazonas is located in the northwestern corner of Brazil and has a mixed race population of about 3,351,000 residents, as per a 2007 population report by the IBGE. Its population growth is pegged at 3.3% and the state’s urbanization at 2006 stood at 77.6%. Manaus, its capital city, has a developed industrial park with very good investments policies and a 1.6% share of the Brazilian economy. In an attempt to stimulate development and progress in the state, the government created a tax free zone called Zona Franca de Manaus in which products from this region are exempt from several taxes including import and industrial taxes.