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Million-Dollar Investment by Chint in Factory in Manaus Should Generate 200 Jobs and Boost the Economy of the State.
Chint announced a BRL 32 million investment for the construction of its first factory in Brazil, in the Industrial Pole of Manaus (PIM). Chint’s goal is to produce smart electric meters at the new factory, contributing to the improvement of energy efficiency in Brazil. The factory will generate up to 200 jobs by the end of 2025, marking an important step for Chint in the country.
Investment and Construction Phases of the Factory
During a visit to the headquarters of the Superintendency of the Free Trade Zone of Manaus (Suframa), Chint, represented by Zhang Ping, CEO of Chint Meters, and Alexandre Suprizzi, executive director of Chint Brazil, detailed the BRL 32 million investment in the factory.
This amount will be used for the construction of the factory in Industrial District I, on Ipê Street, in Manaus.
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The construction of the factory is expected to be completed by December of this year, and the inauguration of the unit is planned for March 2025.
The investment also involves the creation of 200 jobs, representing a significant boost to the local economy.
First Factory of Chint in Manaus
After the inauguration, Chint plans to expand its factory in Manaus. The second phase of the investment, which will take place between 2026 and 2027, will involve the expansion of the factory and the creation of an additional 150 jobs.
With the expansion of production of smart electric meters, Chint will further strengthen its presence in Brazil and contribute to the growth of measurement technology in the country.
Chint believes that the Brazilian market for smart electric meters will grow significantly in the coming years, especially with the increase in demand for more efficient solutions in the energy sector.
Economic Impact for Manaus
The installation of Chint’s factory in the Industrial Pole of Manaus will have a positive impact on the local economy.
The deputy superintendent of Suframa, Luiz Frederico Aguiar, highlighted that the arrival of the company at the PIM represents a step forward in reducing energy waste and increasing energy efficiency in Brazil.
Chint is also contributing to the creation of hundreds of jobs, strengthening the economy of Manaus and supporting the development of the region.
Growth Potential of Chint in Brazil
Alexandre Suprizzi, executive director of Chint Brazil, emphasized the importance of the investment and stated that the company is optimistic about the future of the factory in Manaus.
The company sees great growth potential in the smart electric meter market in Brazil. They believe that the demand for this technology will be increasingly higher, contributing to the modernization of the energy sector.
With the investment in Manaus and the inauguration of the factory, Chint reinforces its commitment to Brazil and to the generation of jobs and economic development in the country.
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