Incredibly, Fiat 1.3 billion euros invested in new plant in Brazil

Fiat, in the past 9 years the number 1 on the Brazilian car market, is building a new plant in the port and industrial complex of Suape in the northeastern corner of the South American country (State of Pernambuco). The investments include a volume of 3 billion Brazilian reals (1.3 billion euros) and are part of from 2011 to 2014, total planned investment of BRL 10 billion (4.4 billion euros), of which 7 billion BRL in Minas Gerais.

The new facility provides for Fiat a strategic investment in the economic and social future of Brazil's northeastern Pernambuco and Fiat built here represents both a production facility, as well as a training center for employees. Component also has an R & D center, which will be responsible for the development of new vehicles, including the vehicle architecture and design.
The new Fiat manufacturing complex will form the core of an economic zone, which covers a total of 4.4 million square meters. In the port and industrial complex in Suape settle also to suppliers that represent significant advantages in logistics and cost. The strategic location of Suape Atlantic guaranteed. Beyond the optimal conditions for the transport of components and end-products that contribute to the strengthening of the Brazilian automotive sector as a whole

The plant is designed for an annual production of 200,000 vehicles. Crafted new models that are being developed in Brazil for the entire Latin American market. In the new industrial complex in Suape even up to 3,500 jobs will be created, to get positive impact on the surrounding region. The project also includes a training center of the state of Pernambuco.