{"id":90073,"date":"2024-07-17T20:56:50","date_gmt":"2024-07-17T23:56:50","guid":{"rendered":"https:\/\/murray.adv.br\/?p=90073"},"modified":"2024-07-17T20:56:51","modified_gmt":"2024-07-17T23:56:51","slug":"food-industry-to-invest-r120bn-by-2026","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/food-industry-to-invest-r120bn-by-2026\/","title":{"rendered":"Food industry to invest R$120bn by 2026"},"content":{"rendered":"\n
Announcement made at meeting of the sector with President Lula includes contributions already started in 2023<\/h6>\n\n\n\n
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07\/17\/2024 <\/p>\n\n\n\n
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President Lula announces investments at the Planalto Palace \u2014 Foto: Ricardo Stuckert\/PR<\/em><\/p>\n\n\n\n
Representatives of the food industry confirmed on Monday to President Luiz In\u00e1cio Lula da Silva that R$120 billion will be invested in the country by 2026. Around R$75 billion will be earmarked for the expansion and modernization of plants, as well as the construction of new units throughout Brazil. Companies in the sector will also invest R$45 billion in research and development.<\/p>\n\n\n\n
Jo\u00e3o Dornellas, president of the Brazilian Food Industry Association (ABIA), told Mr. Lula that the sector grew by 3.3% in the first half of this year, but did not give any more details about the figures. In 2023, the sector\u2019s turnover was R$1.161 trillion.<\/p>\n\n\n\n
\u201cThis meeting confirmed to the government that the Brazilian food industry is committed to the country. We continue to bet on the potential of our country. And the numbers are coming in,\u201d said Mr. Dornellas to journalists after his meeting with President Lula.<\/p>\n\n\n\n
Part of the investments had already been announced. In 2023, R$36 billion had already been invested. Among the initiatives are investments of R$15 billion by JBS to expand production in Mato Grosso, R$7 billion by Nestl\u00e9 to expand factories and coffee production in Araras (S\u00e3o Paulo), and R$5.6 billion by BRF in meatpacking plants across the country.<\/p>\n\n\n\n
The list of investments also includes R$4 billion by Coca-Cola to modernize and expand its factories; R$3.5 billion by Coamo to expand its grain storage and processing capacity, and R$3.5 billion by CMAA to expand its sugar milling and production capacity in Minas Gerais.<\/p>\n\n\n\n
Other confirmed investments are by Cargill (R$2.6 billion), Nutriza Alimentos Nordeste (R$2 billion), Bunge Alimentos (R$1.7 billion), Cocamar (R$1.3 billion), Pepsico (R$1.2 billion) and Mondelez (R$1 billion). Contributions from Bauducco, Camil, Cooperativa Oeste Catarinense, C. Vale, Caramuru, Cerradinho, Comigo, Cooperativa Agropecu\u00e1ria Tradi\u00e7\u00e3o, Copasul, Latic\u00ednios Tirolez, Kellanova, Natural One, Cutrale, Usinas Cariripe, General Mills and Unilever add up to another R$8.2 billion.<\/p>\n\n\n\n
Agriculture Minister Carlos F\u00e1varo said that the government has been working to \u201chinder less agro-industries\u201d, with measures to reduce bureaucracy, such as the electronic certification of exports.<\/p>\n\n\n\n
\u201cWe already had a strong field [production] and now we have become the world\u2019s supermarket, as we are the largest exporter of industrialized, ready-to-eat food,\u201d said Mr. Dornellas.<\/p>\n\n\n\n
According to Abia, 61% of the Brazilian agricultural production is bought and processed by the domestic industry.<\/p>\n\n\n\n
*Por Rafael Walendorff\u00a0\u2014 Bras\u00edlia<\/p>\n\n\n\n
Announcement made at meeting of the sector with President Lula includes contributions already started in 2023 07\/17\/2024 President Lula announces investments at the Planalto Palace \u2014 Foto: Ricardo Stuckert\/PR Representatives of the food industry confirmed on Monday to President Luiz In\u00e1cio Lula da Silva that R$120 billion will be invested in the country by 2026. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8106],"tags":[8445,25292],"class_list":["post-90073","post","type-post","status-publish","format-standard","hentry","category-murray-news","tag-food-industry","tag-investments-of-r-120-billion-by-2026"],"yoast_head":"\n
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