China has offered R$9 TRILLION per Brazilian city to transform it into a futuristic metropolis! This amount would be enough to pay off ALL of Brazil's current debt

With promises of cutting-edge technology, R$9 trillion and a futuristic port, Mataraca, in Paraíba, almost became the center of the world. However, investigations revealed irregularities that buried the project. Understand the story that shocked Brazil!

Next week, completes one year of one of the most surreal proposals in Brazil's recent history.

In December 2023, a group of Chinese investors shocked the country by offering a staggering R$9 trillion to transform Mataraca, a small town on the northern coast of Paraíba, in a futuristic metropolis.

The value, equivalent to 1,5 times the national GDP, would be enough to pay off all of Brazil's public debt, as published by the CPG this Friday (29), it reached the mark of exactly R$9 trillion.

However, what appeared to be a golden opportunity for local development soon turned out to be one of the most intriguing and controversial episodes ever seen in the country.

Mataraca: from anonymity to the center of attention

With just over 8 thousand inhabitants, Mataraca is a quiet town on the coast of Paraíba, known for its natural beauty, such as Barra de Camaratuba Beach, and its environmental reserves.

By the end of 2023, it was unlikely that the city entered the investor radar International, even more so with a proposal so absurd in scale.

However, the Brasil CRT group, which presented itself as an intermediary for a Chinese consortium, chose Mataraca as the base of a megaproject that promised to transform the municipality into a global model of innovation and technology.

The futuristic vision that impressed Brazil

The plan, announced in grand style, provided for the construction of a “smart city” that would be a landmark on the South American continent.

Among the promises, the following stood out:

Next-generation eco-friendly skyscrapers, designed to harness solar and wind energy.

Automated public transport, powered entirely by clean energy.

The creation of an ultra-modern offshore port, with the capacity to rival the largest ports in the world.

Artificial intelligence and robotics research centers, attracting the greatest minds on the planet.

To residents and local authorities, the proposal sounded like a distant dream.

But with the figure of R$9 trillion being widely publicized, expectations quickly grew.

The initial euphoric reaction

The mayor of Mataraca, Egberto Madrugada, was one of the first to express enthusiasm for the project, stating in interviews that the city was ready to “take a leap into the future”.

Local and state politicians also celebrated the announcement, seeing the proposal as an opportunity to put Paraíba at the center of global attention.

However, it didn't take long for them to emerge doubts about the viability of the project.

The first cracks in the Chinese dream

Shortly after the announcement, investigations began to be carried out by the Public Ministry of Paraíba, led by prosecutor Ellen Veras Ximenes.

Several aspects of the project began to raise suspicions:

The origin of money: there was no evidence that the Brasil CRT group or the investors Chinese had the necessary R$9 trillion.

Irregular documentation: parts of the urban plan were copies of projects used in cities in China and even Europe.

Credibility of Brasil CRT: the intermediary company did not have a recognized history and was not even properly registered in Brazil or China.

Lack of technical details: There was no environmental or economic impact study to support the grandeur of the project.

The implosion of the project and the frustration in Mataraca

As the investigation progressed, it became clear that the megaproject was unsustainable.

The Chinese consulate in Brazil stated that There was no official relationship between the government or recognized companies and the Brasil CRT group.

Over the next few weeks, the project was officially scrapped, leaving the population of Mataraca frustrated and the city hall silent.

Why was Mataraca chosen?

The choice of Mataraca raised many questions.

Experts suggest that Its strategic location, close to the coast and with large areas for construction, may have been an attraction for supposed investors.

Furthermore, being a small municipality with low media exposure, the city could have been seen as an easy target for wild promises.

The national impact and lessons of the case

The episode of China's alleged investment in Mataraca is a reminder that grandiose proposals must be analyzed with rigor and transparency.

Although Brazil needs foreign investment for its development, It is essential to ensure that these projects have solid foundations.

Similar cases in Brazil and around the world

Stories of unrealistic investment promises like this one from China are not exclusive to Mataraca.

Other examples include projects such as the Belo Monte power plant, which faced years of controversy, and mega-investments in ports in the Northeast that never got off the ground.

These cases reinforce the importance of verifying the credibility of the proponents and the economic viability of any proposal..

Between dream and reality

Although Mataraca was the scene of one of the most surreal episodes in Brazil's recent history, the city continues with its natural charm and resilience.

The dream of becoming a futuristic metropolis may be over, but the lesson left by this story remains alive. Do you think that projects of this type can still happen in Brazil?