The memorandum of intent was signed by Atlas Agro Brasil Fertilizantes and the municipal government, which expects to invest BRL 5 billion, the biggest private investment ever made in the city. According to the Secretary for Economic Development, Tourism, and Innovation of Uberaba, Rui Ramos, the construction is expected to begin in the first half of 2024. “The protocol has already been signed so that the company can count on the land to start investing”, said Ramos. He explains that the company’s project is sustainable and will have a high technological innovation performance. The company is developing technical engineering projects at the moment and providing all the required licenses.
Sources: Global Fert/Estado de Minas Gerais (*Translated by Ia Niani)