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Home Investments of BRL 1,2 billion by construction companies Bild and Vitta will generate almost 10 direct and indirect job openings in the construction industry in Uberlândia, MG

Investments of BRL 1,2 billion by construction companies Bild and Vitta will generate almost 10 direct and indirect job openings in the construction industry in Uberlândia, MG

21 April 2022 10 gies: 44
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MG will receive a billionaire investment from the construction companies Bild and Vitta and will generate many job openings for civil construction professionals, among others

Attention civil construction, maintenance, logistics, administrative professionals, among others: the builders Bild and Vitta will invest BRL 1,2 billion in Uberlândia until 2024, which represents around BRL 400 million per year on average. The new investments promise to generate almost 10 jobs for the construction of 24 projects in high-end buildings and low-income buildings. 

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Present in the city since 2019, the group has already launched seven residential buildings: four of medium and high sizes and three of economic standard. “The forecast is that 4,7 direct job openings and another 4 indirect jobs will be generated to simultaneously serve almost 20 construction sites. We want to arrive in 2024 with 600 direct employees of the company, today we have almost 200 employees”, reveals regional partner Michael Teixeira do Nascimento.

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The Group began to expand more aggressively in 2017 and is present in more than 11 cities in São Paulo, such as São Paulo, Campinas, Araraquara, Bauru, Franca, in addition to Londrina, in Paraná, and in the Minas Gerais cities of Uberlândia and Uberaba. 

According to Michael, the company maintains a presence in Uberlândia because it understands that it would be a strategic city, due to its connection with Goiás and São Paulo. There are 700 thousand inhabitants and a real estate market with a lot of demand and little explored. In Minas, Belo Horizonte is also on the radar, but no forecast yet. The company also intends to invest in other states, such as Mato Grosso and Goiás.

Despite the pandemic, the real estate market and civil construction remained heated and generated job openings in the country

The real estate market remained heated even in the face of the Covid-19 pandemic. Financing for the acquisition of a property by the Brazilian Savings and Loan System (SBPE) added up to R$19,66 billion in the second quarter of 2021, a record not registered since 1994. This represents 86,2 thousand properties this year.

According to Michael Teixeira do Nascimento, civil construction never stopped. The civil construction market was greatly favored, generating a lot of jobs, always with high demand. “People stayed indoors for a long time and started to value the house they had more. At the same time, the Selic rate was very low, fixed income plummeted, variable income fluctuated. This really scared the people who had money saved and they started thinking about buying real estate or renovating the house”.

The challenge for 2022 is to maintain investments and sales. The regional partner of construction companies Bild and Vitta says that, with the high Selic rate, banks are already readjusting interest rates on financing by up to 10%. Currently, 80% to 90% of properties are sold through financing.

“We are going to start experiencing this new scenario in 2022. We have to see how customers will behave. Interest rates are going to be a problem for several sectors, slowing down a lot of what is expected. We will have to feel according to the market '', she concluded.


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