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In Addition To The Automotive Industry, The State Of Minas Gerais Will Receive Investments In The Mining, Beverages, Food, Trade And More Sectors
In the state of Minas Gerais, the automotive industry is represented by hundreds of companies that together employ thousands of workers, accounting for 8.6% of the GDP – Gross Domestic Product Industrial, according to figures released by FIEMG – Federation of Industries of Minas Gerais. According to the entity, the sector moved more than US$ 700 million in exports in 2020. See also this news: Cedro Mining Plans To Make Investments Of R$ 1 Billion In Projects In The State Of Minas Gerais
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New Electric Car Factory To Be Built In The State
The city of Nova Lima, located in the metropolitan region of Belo Horizonte, in the state of Minas Gerais, will receive a new automotive industry, Bravo Motor Company, which intends to produce electric cars in the municipality. The investment for the implementation of the project is over R$ 25 billion and the promise is that 10,000 direct jobs will be created.
The officialization of the construction of a new electric car industry for public transport by Bravo Motors Company represents a historic milestone in the economic transformation, not only of the city and state of Minas Gerais, but also of the country. The new unit, in addition to generating new jobs, will manufacture electric cars, cells and battery packs, storage systems, among other equipment used in shared transportation. The project will be the first of its kind in Latin America.
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The New Automotive Industry Will Generate Many Jobs In The State Of Minas Gerais
The start of construction for the new electric car industry is expected in the fourth quarter of this year, while production is only set to begin in the first quarter of 2023. The installation of the Colossus Cluster Industrial Park will occur in the so-called South Vector of the capital of Minas Gerais, in Nova Lima, along the BR-040, in an area within the Masterplan of the CSul Lagoa dos Ingleses Project.
The expectation is that the new electric car factory will generate more than 10,000 direct jobs, a number that, according to the mayor of Nova Lima, multiplies when considering indirect positions and the entire development chain that the arrival of the company will promote in the region. João Marcelo Dieguez says that the unit is the beginning of a new era for the municipalities and the entire metropolitan region of Belo Horizonte. In addition, he states that in over 320 years, it will be marked as the day when Nova Lima entered the forefront of global innovation. He emphasizes that they will have the first electric car factory in Latin America located in the city of the state of Minas Gerais, and that the conditions offered were decisive in the choice of the municipality.
See Also This News: Minas Gerais Will Receive Investments Of R$ 32.7 Billion In The Coming Years In The Mining, Industry, Beverages And Other Sectors. Thousands Of Jobs Will Be Generated
In the state of Minas Gerais, the anticipated investment intention agreements total around R$ 32.7 billion for the coming years, according to a report from the Investment And Foreign Trade Promotion Agency of Minas Gerais (Indi). The projects encompass new ventures and job creation in 40 sectors, including solar photovoltaic power plants, beverages, food, biotechnology, mining, pharmaceuticals, and commerce. Distribution centers for Amazon and Mercado Livre, giant companies in e-commerce, are also planned.
The Petrópolis Group, founded in the municipality of the same name in the mountainous region of Rio de Janeiro, has projected investments of R$ 890 million in its industry in the city of Uberaba, in the Mineiro Triangle. The Sigma Lithium mining company will make investments of R$ 859.4 million to produce high-purity lithium at the border between Araçuaí and Itinga, in the Jequitinhonha Valley, northern Minas Gerais.
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