1. Home
  2. / Construction
  3. / With an investment of R$ 125 million, the construction of an automotive factory in Paraíba should generate about a thousand jobs
AISP-GEDOC PB reading time 2 min read

With an investment of R$ 125 million, the construction of an automotive factory in Paraíba should generate about a thousand jobs

Written by Kelly
Published 06/10/2020 às 14:09
With an investment of R$ 125 million, the construction of an automotive factory in Paraíba should generate about a thousand jobs
Cab Motors vehicle/Image: Disclosure

In addition to strengthening the economy of the city of Campina Grande (PB), where the project will be built, it will guarantee more job opportunities for residents of the region.

With an investment of approximately R$ 125 million, the construction of a factory unit for the company Cab Motors, of the Ferreira Souza Group, should create a thousand jobs in the municipality of Campina Grande, located in Paraíba. The project to make the installation viable was discussed at a meeting this Monday (5) with the participation of executives from the parties involved.

See also other features

According to state deputy Tovar Correia Lima (PSDB), the installation of a vehicle assembly plant in Campina Grande, Paraíba, in addition to strengthening the municipality's economy, will guarantee more job opportunities for residents of the region.

The construction of the factory should take place from 2021 and about a thousand direct jobs should be generated in the region, according to information from the Portal Click PB.

Company of the Ferreira Souza Group, the Cab (Companhia Automotiva Brasileira) is a factory that has been standing out in the 4×4 automotive market. Today, it is a state-of-the-art dealership offering the entire Stark line of genuine parts and accessories, as well as car service and car finance facilities.

Paraíba has been standing out and becoming an investment hub in the Northeast. Last month, Iberdrola, through its Brazilian subsidiary Neoenergia, announced the construction of a wind energy complex in the state. The project will favor the creation of local jobs, since more than 1.200 workers are expected to be hired during construction works.

Follow Click Petróleo e Gás daily and stay on top of the main news and job openings in Brazil and in the world. Follow our social networks (Linkedin, Instagram, Facebook and Telegram).

Kelly

Petroleum Engineer specialist in Energy Efficiency and postgraduate in Civil Engineering; She has experience working in the onshore oil industry. Get in touch for story suggestions, post job openings or advertising proposals on our portal.

Share across apps