South Korean Company DS Multimedia Kiota Announces R$ 750 Million Investment in New Factory in Brazil and Creation of 3,000 Jobs

Written by Ruth Rodrigues

Published on 26/03/2024 at 00:21

Fonte: Secom/Prefeitura de Araras

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DS Multimedia Kiota Plans to Open Factory in the Industrial Hub of Manaus, Creating 3,000 Direct and Indirect Jobs. In Addition to Producing Electronics, the Group Plans to Establish a Technology Innovation Center.

The South Korean Group DS Multimedia Kiota has revealed an investment plan in Brazil. With an initial investment exceeding R$ 750 million, the company is preparing to open a factory in the renowned Industrial Hub of Manaus (PIM), promising not only to boost the local economy but also to create job opportunities for thousands of workers.

The announcement of the new factory, made on Monday, (03/18), at the headquarters of the State Secretariat for Economic Development, Science, Technology, and Innovation (Sedecti), brings prospects for the region and for the technology and sustainable energy sector.

DS Multimedia Kiota Announces Million-Dollar Investment to Establish a Factory in the Heart of the Industrial Hub

Ulisses Albuquerque, consultant for DS Multimedia Kiota, emphasized that this will be the company’s first manufacturing unit in the Free Trade Zone of Manaus, expanding its global presence which already includes factories in South Korea, Singapore, and Malaysia, as well as joint ventures in other countries.

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Forecast of 3,000 Direct and Indirect Jobs with the Arrival of the New Manufacturing Unit of the South Korean Company

Serafim Corrêa, Secretary of State for Economic Development, highlights the crucial role played by the investment and the new factory of DS Multimedia Kiota.

He emphasizes the favorable business environment of the Free Trade Zone of Manaus and the tax incentives that have attracted investors from around the world.

The partnership between Brazil and South Korea promises to be a great success, further boosting the economic and technological development of the region.

The announcement of investment from DS Multimedia Kiota represents not only a significant injection of capital into the economy of Manaus but also a vote of confidence in Brazil’s potential for growth and innovation.

With the new factory, the creation of thousands of job opportunities, and the establishment of a Technology Innovation Center, the South Korean Group demonstrates its commitment to sustainable development and technological excellence.

This is just the beginning of a promising partnership that is set to benefit both the local and global economy.

About DS Multimedia Kiota in Brazil

YouTube video — Source: Araras City Hall

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South Korean Company DS Multimedia Kiota Announces R$ 750 Million Investment in New Factory in Brazil and Creation of 3,000 Jobs

DS Multimedia Kiota Plans to Open Factory in the Industrial Hub of Manaus, Creating 3,000 Direct and Indirect Jobs. In Addition to Producing Electronics, the Group Plans to Establish a Technology Innovation Center.

DS Multimedia Kiota Announces Million-Dollar Investment to Establish a Factory in the Heart of the Industrial Hub

Forecast of 3,000 Direct and Indirect Jobs with the Arrival of the New Manufacturing Unit of the South Korean Company

About DS Multimedia Kiota in Brazil

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South Korean Company DS Multimedia Kiota Announces R$ 750 Million Investment in New Factory in Brazil and Creation of 3,000 Jobs

DS Multimedia Kiota Plans to Open Factory in the Industrial Hub of Manaus, Creating 3,000 Direct and Indirect Jobs. In Addition to Producing Electronics, the Group Plans to Establish a Technology Innovation Center.

DS Multimedia Kiota Announces Million-Dollar Investment to Establish a Factory in the Heart of the Industrial Hub

Forecast of 3,000 Direct and Indirect Jobs with the Arrival of the New Manufacturing Unit of the South Korean Company

About DS Multimedia Kiota in Brazil

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Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

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