Porto do Açú will be the most important development in Brazil in 2018, says Michel Temer in live video

Decree signed by the current president releases the Port of Açu Export Processing Zone at an event in São João da Barra

[supsystic-social-sharing id='1′]O port of azu now more than ever will be the focus of many good future endeavors after he was finally released by decree by President Michel Temer this Wednesday (28). The event was attended by executives from the oil, gas, logistics sector, politicians from the region and ministers. The decree deals with the Export Processing Zone within the port(EPZ). Watch the president's statement below after signing the decree:

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But what are ZEP's and how do they work?

As the name implies, these are places where there is free trade with other countries, aimed at companies that focus on productivity and exports of goods and services. As an industrial resource that worked elsewhere, these Export Processing Zones usually generate jobs, add innovative technologies, make the country more competitive in this type of service, attract new investors from various market segments and generate significant revenues for the city ​​to which it is installed and to the Union.

In early 2014, Prumo Logística took over the project and changed the focus of the project. The idea of ​​the project's primary creator at the time, Eike Batista, was to install steel mills, OGX shipyards and an electrically powered car assembly plant, as he was arrested due to the Lava Jato operations, none of this was conceived. Nowadays, the main activities of Porto do Açú are focused on transporting minerals, transporting oil and supporting vessels and offshore units of the oil and gas industry.

Recalling that the Port of Açu will have an independent Thermoelectric, the Prumo and British BP signed a contract last week for the construction and marketing of this project, and work could start at any time. read the full story.