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The Credit Approval Made by CDAE in the Agricultural Sector Should Generate More Than 400 Jobs in Mato Grosso
R$ 129.4 million! This was the amount approved by CDAE (Business Agricultural Development Council) for investments in the agricultural sector of Mato Grosso. The approval will benefit companies in the segment and result in the generation of more than 400 job opportunities in the region, both direct and indirect.
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The approval is based on the development of the agricultural sector in the State. 45 operations were requested from the council, and among the companies, most are small and medium-sized, with contracts ranging from R$ 360 thousand to R$ 16 million.
According to the Secretary of Economic Development of Mato Grosso, César Miranda, “The approval of loans from FCO Rural for entrepreneurs in the State is important, especially at this moment we are experiencing. Stimulating the local economy is to generate jobs and income for municipalities.”
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The amounts allocated for investments come from the Constitutional Fund for Financing the Central-West Rural Area, which is a set of financing aimed at serving the agricultural and agro-industrial productive sector, aiming to contribute to the economic and social development of the Central-West region.
The idea is that the funds be applied in the acquisition of beef cattle, machinery, infrastructure construction, as well as photovoltaic energy and soil correction. In operations above R$ 1 million, the proposals must go through the approval of the Business Agricultural Development Council, chaired by the Secretary of Economic Development of Mato Grosso.
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