Porto Alegre: Brazilian State Completes Land Transfer for Ciron Foundry Project

Strategic Insights -

The state government of Rio Grande do Sul has finalized the transfer of the first parcel of land for the Ciron Foundry project in the Alvorada Industrial District. The project is facilitated by the State Industrial Development Program (Proedi), which aims to establish and relocate industries in planned areas. Fundicao Ciron, a company that manufactures iron and steel castings, will utilize the 62.1-hectare site, with the first 2.1 hectares sold at a 90% discounted price of approximately R$200,000. The entire area is expected to be sold by the end of 2026.

Key Takeaways:

  • The Ciron Foundry project involves the transfer of a 62.1-hectare site for the manufacturing of iron and steel castings in the Alvorada Industrial District.
  • The first 2.1 hectares have been sold to Fundicao Ciron at a 90% discounted price of R$200,000.
  • The project is part of the State Industrial Development Program (Proedi), which aims to encourage the establishment and expansion of industries in Rio Grande do Sul.
  • The program offers subsidized land and industrial areas for purchase by interested companies, with discounts reaching up to 90%.
  • The total area to be sold to the company is expected to be completed by the end of 2026.
  • The program has the objective of generating jobs and promoting regional economic development in the state.
  • The Alvorada Industrial District, where the project is located, is one of several industrial districts in Rio Grande do Sul, with approximately 200 businesses established.
  • The State System for Attraction and Development of Productive Activities (Seadap) is responsible for implementing the Proedi program.

Statistics:

  • The total area allocated for the Ciron Foundry project is 62.1 hectares.
  • The first 2.1 hectares were sold at a 90% discounted price of R$200,000.
  • The program offers subsidies for the purchase of land and industrial areas, with discounts reaching up to 90%.
  • The project is expected to be completed by the end of 2026.
  • There are approximately 200 businesses established in the Alvorada Industrial District and other industrial districts in Rio Grande do Sul.
  • The industrial districts in the state have a total of around 300 businesses, with approximately 170 additional businesses in the process of being established or relocated.

Sources:

  • https://estado.rs.gov.br/estado-conclui-transferencia-de-terreno-para-empresa-no-distrito-industrial-de-alvorada (Translated and automated source)