The Amazon Development Council (Codam) convened on Tuesday, October 10, to approve 44 industrial projects that will bring in R$ 810 million in investments for the Industrial Hub of Manaus (PIM). This approval took place during the council's 318th regular meeting, held in the state capital of Manaus. The projects are aimed at boosting economic activity within the region, with expectations to create around 1,400 jobs, both new and redistributed within the state.

The approved projects are particularly notable for their contribution to increasing the competitiveness of the PIM and fostering productive diversification. This is a crucial step for the Amazon region, as it solidifies its strategic position for attracting new business ventures. The investments span several key sectors, including electronics, information goods, energy, and climate control, which will involve the establishment of new factories and the expansion of existing production lines already in the state.

The approval of these projects signals a commitment to economic development in Amazonas, aiming to create a more resilient and diversified economy. As Brazil continues to navigate various economic challenges, strengthening local industries through strategic investments will be vital for job creation and long-term growth in the region.