Metropolitan Arch (Arco Metropolitano) attracts new enterprises to Rio

On the eve of its inauguration in July 1, 2014, the Metropolitan Arch has been attracting new investments, which sum up almost R$ 60 billion – already announced – in ventures along or in the surroundings of its 90 miles in length.

With funds around R$ 500 million, food and agribusiness company Bunge do Brasil is going to build its new mill in Duque de Caxias, district of Rio de Janeiro which will receive activities currently concentrated in the Port Area, and also an expansion of the activities that make Bunge the most advanced mill system of Latin America. As a result, it is expected 1.6 thousand jobs to be generated.

Also in Caxias Rolls-Royce will build the new thrusters and naval equipment plant in the State of Rio de Janeiro. The unit will receive investments of R$ 80 million, which will be added to the R$ 200 million venture that the company is building in Santa Cruz. Rolls-Royce has also opened a modern Maritime Training Center in Niterói, a neighbor district on the other side of the Guanabara Bay, where R$ 8.4 million were invested. It will be the first center of this type in South America, and the fourth of the group in the world. Not mentioning the new plant for Coca-Cola and L’Oreal Paris, which has already been operating their new DC.

ARM Armazéns Gerais e Logística forecasts massive investments for the next three years in three areas strategically acquired along the Arch – totaling more than 300,000 sq. m. – to build next generation logistic centers, in addition to the modern warehouses already built in 50,000 sq. m., which are currently up and running.

The construction of the Metropolitan Arch and the benefits of being paved along the major expressway that connects to the corridor of the Via Dutra (one of the main interstate highways in Rio de Janeiro) – the main consumer center of the country – it is exciting for all entrepreneurs who demonstrate an interest in establishing in this area.

The Metropolitan Arch, which will connect Itaboraí to Itaguaí, will be essential to unburden the traffic when it becomes heavy by facilitating access to the unloading area of the Port of Itaguaí, in addition to reducing the time and cost of transporting goods. On top of that, most of the 45 miles of the route are located in areas with low population density volume, which will allow large free space to be used for new ventures.

The major municipalities benefited from the Metropolitan Arch were divided into three areas and the first one concentrates Itaguaí, Queimados, Japeri, Paracambi, and Seropédica (all of them districts of Rio de Janeiro). Just considering companies benefited from the Brazilian Law 5636 that extended the benefits by reducing GST (Good and Service Tax) collection from 19% to 2% in some cities, there are currently two thousand jobs generated by R$ 280 million in investments announced, not considering investments yet to be included in this Law, or those who are not eligible for this benefit.