Minas Gerais Receives 5.6 Billion Reais in Investments and Will Generate About 5,000 New Jobs in the Region

Written by Flavia Marinho

Published on 02/06/2020 at 12:13

Minas Gerais recebe 5,6 bilhões de reais em investimentos e vai gerar cerca de 5 mil novas vagas de emprego na região

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Amid The COVID-19 Pandemic, 5,000 Jobs Will Be Created In Minas Gerais

Amid the COVID-19 pandemic, 5,000 new jobs will be created in Minas Gerais. The state attracted US$ 1.1 billion in private investments this year. The data is in comparison to the entire last year. Government Resumes 53 Projects and Will Create More Than 10,000 Jobs In Amazonas

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According to the government of Minas Gerais, the above investments refer to investments over the last five months, compared to R$ 4.8 billion in investments for the entire last year.

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Creation of Nearly Five Thousand Jobs In Minas Gerais

The crisis caused by the COVID-19 pandemic has already led Minas Gerais to lose 88,000 jobs. The highest unemployment rate was recorded in the Northern region of the state.

With R$ 5.6 billion invested in the state, the government’s expectation is that about 5,000 new jobs will be created in Minas Gerais.

Aurora Energias is one of the companies responsible for one of the main projects in Minas Gerais, having a solar plant with an installed capacity of 700MW. The operation of the structure is expected to begin in the first half of 2023.

According to Fernando Passalio, Deputy Secretary of the Secretariat of Economic Development, more than 50 private initiative projects will be implemented throughout the state of Minas Gerais.

In addition to the R$ 5.6 billion already guaranteed, Minas Gerais expects this amount to reach R$ 9 billion by the end of 2020 – the figure corresponds to initiatives that have already had their projects signed and are scheduled to be implemented throughout the year.

Among the projects is the inauguration of a factory by Grupo Petrópolis in Uberaba, in the Triângulo Mineiro, with an investment of R$ 700 million. With the new enterprise, the expectation is that 400 new jobs will be created in the region.

Minas Gerais Receives 5.6 Billion Reais in Investments and Will Generate About 5,000 New Jobs in the Region

Amid The COVID-19 Pandemic, 5,000 Jobs Will Be Created In Minas Gerais

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Creation of Nearly Five Thousand Jobs In Minas Gerais

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Minas Gerais Receives 5.6 Billion Reais in Investments and Will Generate About 5,000 New Jobs in the Region

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