The Government and the Board of Directors of the Company signed on Tuesday investments in the order of 1 billion reais in the state that will generate jobs and injection of resources

Intense negotiations between the SP government and the RGE Group (Royal Golden Eagle) in Davos secured at least 11 jobs last Tuesday (21) for the works at the pulp and paper factory in Lençóis Paulista, in the interior of the state. The agreement between the two entities was closed at 1 billion reais to be directed towards productivity, technological innovation and sustainable means.

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The pronouncement was made on the 2nd day of the meetings, which will continue until January 24th (Friday). The forecast is that there will be around 32 meetings. Governor João Dória and the Secretaries of State, Patricia Ellen (Economic Development) and Julio Serson (International Relations), are there to present projects and negotiate new international investments.

“This is perhaps one of the main meetings we will have in Davos. There are around R$ 7 billion in investments, which mean, at this moment, more than 1,2 thousand jobs guaranteed in the construction of the factory. Today, Bracell announced over R$ 1 billion in investments for São Paulo and the commitment to actively participate in Citi (International Center for Technology and Innovation). At the peak of the work, there will be 11 jobs and when it is operational, there will be 6.650 jobs in Lençóis Paulista”, said Doria enthusiastically

At last year's World Economic Forum, the government of São Paulo secured R$ 7 billion in investments for Bracell in the Bauru region, stimulating other companies in the sector in the locality. This time, the economic injection that will generate these jobs in Lençóis Paulista will be to implement a gasification plant that will use 100% renewable biomass as raw material to produce biogas.

Social actions

In a note, Bracell said it will allocate part of the investments to social and community projects, improving public health and safety in cities where the company's projects are implemented. There will also be free professional qualification programs in order to favor the economy and local suppliers.

The completion of the work on this project to increase the capacity of the Bracell factory in SP is scheduled for completion in 2021, employing around 11 employees at the peak of the project. After completion, 6.650 professionals, including outsourced and direct workers, will be hired for industrial, environmental and logistics operations.