Friday, January 6, 2017

The government allocates the tax benefits the three investments that create 500 jobs – the Observer

The Government approved contracts for the allocation of tax benefits to the Mecachrome Aeronautics, the pharmaceutical Hikma and the Toyota Caetano Portugal, which will invest about 55 million euros and create more than half a thousand jobs.

In question is the construction and equipment of a new industrial unit of Mecachrome Aeronautica, in Évora, that will allow you to create a new production line and enabling the development of a series of products manufactured with a new production process, cryogenic, which represents an investment of 29.8 million euros, with the creation of 282 new jobs.

the design of a new production centre of Hikma Pharmaceutical is dedicated to the production of drugs, liquid and lyophilized injectable, an investment of 19.1 million euros, which will allow for the creation of 227 jobs, will be provided with tax benefits.

as for the Toyota Caetano Portugal will count with the support of the State in investment for the introduction of innovative technologies and in the development of new more efficient processes, in the amount of 5.9 million euros, which will be created 20 jobs.

The Government also approved the extension of the investment period by a further seven months of Royal Obidos, Promotion and Management of real Estate and Tourist S. A., since there was a delay in the startup of the investment due to the delay in the disbursement of funds.

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