1,200 Job Openings and R$ 1.8 Billion in Investments Are Expected in the State of Amazonas

Written by Roberta Souza

Published on 23/08/2021 at 13:27

Indústria no estado do Amazonas/ Fonte: Portal Tucumã

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The Amazonas Development Council (Codam) Approved About 32 Projects That Will Generate Jobs and New Investments

Last week, during the 291st Ordinary Meeting of the Amazonas Development Council (Codam), 32 new projects and investments of approximately R$ 1.8 billion were approved, which will generate about 1,287 new jobs in the state. The new projects approved by Codam are from various sectors such as: electronics, information technology, appliances, communication, hardware, butcheries, plastics, laminates, and others. Also see: In Amazonas and Roraima, Eneva Starts Exploration of Natural Gas That Will Generate 2,000 Jobs

Approval of Projects by the Government of Amazonas and Job Creation

In this edition of Codam (Amazonas Development Council), three projects presented the largest investments for Amazonas. Among them are Samsung with two Upgrade projects totaling R$1,080,912,922.08, projected to create 225 new jobs, in addition to another 310 positions that will be transferred.

Foxconn with an investment of R$228,930,299.17, with an Implementation project and an estimated generation of 241 new direct jobs and 89 indirect jobs. And the third largest project was Flextronics, which presented an investment of R$104,590,564.62 for a Diversification project with an estimated creation of 101 new direct jobs and 11 indirect jobs.

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The Interior of the State Will Also Have Major Projects

For the interior of Amazonas, the municipality benefiting from investments in this edition of Codam was Iranduba, in the Metropolitan Region. The approved project was the Implementation of Falcão Indústria de Alimentos Ltda, which will produce “edible offal and by-products from cattle originating from the slaughterhouse industry.”

The company’s investment for that municipality, in the interior of the state of Amazonas, is on the order of R$20 million, estimated for the next three years. The projection is for the generation of 46 new direct jobs and 14 indirect jobs.

Also Check This News: LG Announces Creation of 150 Jobs and Investments of R$ 3.8 Billion in the State of Amazonas

Carlos da Costa, special minister for Productivity, Employment, and Competitiveness, announced that he will approve the expansion of the production line for monitors and laptops at LG in the Free Trade Zone of Manaus, Amazonas. The decision was made after the electronics multinational increased the number of jobs created in the Amazon capital from 68 to 150 and announced an investment of around R$ 3.8 billion.

In May, a live session was held with the presence of the president of Fieam (Federation of Industries of the State of Amazonas) and executives from LG Electronics. Carlos da Costa said during the meeting that, in addition to increasing opportunities, the approval of the new proposal considered that the multinational is the fourth largest employer in Amazonas, with 2,200 jobs generated in the state.

The minister also stated that the commitment to double the originally planned number of jobs (from 68 to an expected 150) is a great victory for the Free Trade Zone of Manaus, in the state of Amazonas, and for LG. LG Electronics’ move to Manaus, Amazonas, occurred during the workers’ strike in Taubaté, in the state of São Paulo. According to the announcement, on April 19, employees from the department who were already on strike approved the proposed agreement defined on April 16 through a hearing held by TRT-15.

1,200 Job Openings and R$ 1.8 Billion in Investments Are Expected in the State of Amazonas

The Amazonas Development Council (Codam) Approved About 32 Projects That Will Generate Jobs and New Investments

Approval of Projects by the Government of Amazonas and Job Creation

The Interior of the State Will Also Have Major Projects

Also Check This News: LG Announces Creation of 150 Jobs and Investments of R$ 3.8 Billion in the State of Amazonas

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1,200 Job Openings and R$ 1.8 Billion in Investments Are Expected in the State of Amazonas

The Amazonas Development Council (Codam) Approved About 32 Projects That Will Generate Jobs and New Investments

Approval of Projects by the Government of Amazonas and Job Creation

The Interior of the State Will Also Have Major Projects

Also Check This News: LG Announces Creation of 150 Jobs and Investments of R$ 3.8 Billion in the State of Amazonas

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