Third pulp mill in Mato Grosso do Sul

Construction to generate 8,000 jobs[$]

{reg}[PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]The municipality of Ribas do Rio expects to diversify its economic base with the expected third pulp mill in Mato Grosso do Sul, reports Campo Grande News. The project will require a R$8 billion investment and is scheduled to produce 2 million tons of pulp per year.

 

The development of the project is expected to employ 8,000 workers during construction and 1,700 after the start of operations.

The change in the economy Ribas do Rio Pardo started two decades ago, when pine forests were planted in the region. Now, the city is preparing for the start of construction of the pulp mill planned for June this year. CRPE Holding will invest R$8 billion in the project and is seeking financing from BNDES (National Band of Economic and Social Development) and Sudeco (Superintendency for the Development of the Midwest).{/reg}