{"id":281372,"date":"2020-10-02T18:37:16","date_gmt":"2020-10-02T21:37:16","guid":{"rendered":"https:\/\/anba.com.br\/?p=281372"},"modified":"2020-10-02T18:39:17","modified_gmt":"2020-10-02T21:39:17","slug":"city-in-rio-state-seeks-investment-for-sustainable-hub","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/city-in-rio-state-seeks-investment-for-sustainable-hub\/","title":{"rendered":"City in Rio state seeks investment for sustainable hub"},"content":{"rendered":"

S\u00e3o Paulo \u2013 The Economic Development Secretariat in Cabo Frio<\/a>, Rio de Janeiro is seeking investors for its Sustainable Development Hub project. The goal is to diversify the economy away from tourism and royalties from oil exploration. \u201cTourism is indeed our vocation, but we want to move beyond that to create more jobs and development for the city,\u201d the Secretariat\u2019s Employment and Income superintendent Jo\u00e3o Marcello Neves told ANBA.<\/p>\n

Project design is expected to be completed by the end of the year. The allotted 2 million sqm area sits next to the Cabo Frio Airport and near Porto do Forno, the seaport in neighboring Arraial do Cabo.<\/p>\n

Now, in order to conclude the project, the Secretariat is seeking out investment abroad, including the Arab countries. \u201cWe are interested in the Arab countries, because this area is near Rio, which is reassuring when it comes to shuttling material in and out. We are open to any kinds of projects and we are willing to listen to any company that\u2019s looking to join in. We do have a preference for sustainable economy, for projects that will not harm the environment, since this is an area of beaches and [environmental] reserves. The use of renewable energies, for instance, would be interesting,\u201d he said, adding that 90% of the hub\u2019s area is still available.<\/p>\n

Goals include fostering farming, with the use of technologies to add value and increase output, cooperative work and urban associations, as well as corporate skill-building programs and handicraft. The Cabo Frio City Hall is also planning to build a convention center in which to host trade shows and business events.<\/p>\n

Lots concessions<\/strong><\/p>\n

The hub will be managed by the Cabo Frio Development Company (Codescaf), a semi-public enterprise whose creation was approved this year. \u201cThe startup capital is BRL 5 million, and there are BRL 500,000 quotas. The City Hall retains a 51% stake,\u201d Neves explained.<\/p>\n

\"\"<\/a>
The Sustainable Development Hub will span 2 million square meters<\/figcaption><\/figure>\n

The Hub is open to investment, which will also be quota-based. Companies joining the Hub will get tax breaks. \u201cDepending on the investor\u2019s project, the City Hall may award land on a right-to-use basis. We will look into each project, how many jobs and revenue they will generate, and consequently how much tax will accrue. For instance, the Estaleiro Vera Cruz shipyard will repay us with a crafts school where 20 professionals will graduate each year, and most will be taken in by the shipyard itself,\u201d he said, referring to one of the companies already slated to join the Hub.<\/p>\n

There is also a startup incubator and accelerator for ocean-related businesses. Dubbed Polo Mar, the initiative will get support from educational institutions including the Federal Universit of Rio de Janeiro (UFRJ), as well as from the Secretariat itself, to streamline the paperwork requirements involved in starting a business. \u201cOur vocation is the beach, so we will work with startups that relate to sustainable marine economics and technology. They will all work with these accredited educational institutions, which will act as incubators and accelerators, while the City Hall will facilitate the process of starting new businesses.\u201d<\/p>\n

For additional information please refer to the Cabo Frio Economic Development Secretariat<\/a>\u00a0website.<\/p>\n

Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Press Release<\/div>\n
Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"

The municipality of Cabo Frio, Rio de Janeiro is looking for investors to join its new Sustainable Development Hub, which will sit in a 2 million sqm area near the local seaport and airport.<\/p>\n","protected":false},"author":2324,"featured_media":281370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[17404,17401,27116,10540,17403],"class_list":{"0":"post-281372","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-cabo-frio-en","9":"tag-cabo-frio","10":"tag-investimento-en","11":"tag-rio-de-janeiro-en","12":"tag-sustainable-development-hub"},"wps_subtitle":"The municipality of Cabo Frio, Rio de Janeiro is looking for investors to join its new Sustainable Development Hub, which will sit in a 2 million sqm area near the local seaport and airport. ","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/281372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2324"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=281372"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/281372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/281370"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=281372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=281372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=281372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}