For over a year there’s been a mediation going on in one of the biggest cities in Brazil, over the future of a construction site. Toyo Setal has announced that they just emerged from that bidding process victorious and can now continue construction on the Rio de Janeiro Petrochemcial Complex (COMPERJ) after stalling since 2015. Paperwork was finalized in September and Petrobras made it official, giving them 18 months to finish work on the site. Ribeiro de Mendonca Lima announced the continuation of construction in a formal statement. The Commercial Manager stated this contract is of high importance to Toyo Setal, namely because of the partnership with Petrobras will bring them much closer with their largest customer while repairing their business relationship in the process.
The completion of COMPERJ depended upon a series of issues detailed within the initial proposal, causing Toyo Setal to elaborate on their desires to the site and compromise with their partner. Turning to specialists of different disciplines, de Mendonca Lima sought to determine exactly what was left to construct to come up with a renewed proposal that would remain both competitive and attractive. To continue construction, Toyo Setal needed an increase in manpower, leading to a new round of hiring. Hiring was extended to companies that Petrobras has registered, making sure to select workers from a pool of applicants that have the technical ability to get the expansion project done in time.
Considering an economic crisis that has affected Brazil in recent years, bringing in some much needed business to it’s biggest city is attracting a lot of interest from companies all over the industry. COMPERJ, located withing the Itaborai municipality of Rio e Janeiro, Petrobras’s renewed investment is seen as some of the best news in business possible. Toyo Setal’s operation is expected to bring 1,000 jibs that will be directly working on the COMPERJ’s current expansion plans. This bodes well for industries across the local economy, as it’s estimated that these jobs could generate as many as 4,000, or even 5,000 jobs throughout the city, all assisting in some much needed economic recovery.