America News Agency

Brazilian President Luiz Inacio Lula da Silva made a statement regarding new employment and investment developments in the automotive sector, based on yesterday’s announcement by BYD Americas CEO Stella Li.

Stating that hiring at the factory in the state of Bahia will be expanded, Lula da Silva said: “Another 3,000 jobs are coming to the automotive sector in Bahia. This initiative strengthens the sector in addition to the company’s investment of more than 5.5 billion dollars already made in Brazil.”

Drawing attention to the technological and economic dimensions of the investment, Lula da Silva stated that the move creates opportunities and “accelerates the transition to more sustainable vehicles.”

Referring to the trade relations between Brazil and China, Lula da Silva described the process as “a partnership that revitalizes the economy, creates job opportunities and brings Brazil and China even closer together.”