The Secretary of Development of the State of Rio, Julio Bueno said on Monday that negotiations are well advanced for Microsoft to start operations in Rio de Janeiro. He declined to forward details of the talks, but quoted the U.S. software giant when he spoke of the new pole of research that begins to take shape in the city with the arrival of companies like GE, IBM and Cisco. Bueno also said the government should announce this month a few other programs to attract businesses to the state.
He also said that there are advanced negotiations with a major juice company that can begin operations in the state and thus leverage the fruit production of Rio de Janeiro.
Cisco will also turn their attention to Brazil and invest $ 1 billion over the next four years in the country. Among the initiatives is the creation of an innovation center in Rio de Janeiro. The multinational company will still invest in venture capital to finance digital businesses in the country.
– We hope it will be a center of innovation that can become an ecosystem for the digital economy. The focus of the center will be tailored solutions for major sporting events and entertainment, and the market of oil and gas. We will open in the second half of 2012. And it will be in Porto Maravilha, downtown Rio. – said Rodrigo Abreu, president of Cisco Brazil.
The company plans to generate 800 direct jobs. And production is expected to grow in Manaus, where they will be making routers for internet signal.