Cevital: presentation of an investment project in Brazil for $ 750 million

The information of the Brazilian site Só Notícias reports that Cevital would invest $ 750 million in the food sector in Brazil.

The project focuses primarily on the production of ethanol from corn in the region of Mato Grosso. Later Cevital aims to produce soybean and chopped corn for the production of animal feed, indicates the Brazilian media. The investment of around 750 million euro is expected to generate at least $ 1,000 direct jobs and 2,000 indirect others, the source said.

The Secretary for Economic Development Bréseil, Seneri Paludo, is at the forefront of negotiations with Cevital Group: "It is a very significant investment in Mato Grosso," he said, according to comments reported by Só Notícias. For his part, the Governor of the region, Pedro Taques, says he wants to attract this investment with an attractive and favorable, the source said.

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