Toyo Setal has won the bid that will oversee the completion of the Rio de Janeiro Petrochemical Complex in Brazil. The bid process took a year, while the construction process has been dormant since 2015. The signing of the contract was on September 16, while the issuing of the “AS” Services authorization by Petrobras was on October 14. Toyo Setal has been given 18 months to complete the construction process. According to Rafael Ribeiro, the commercial manager, the contract will see the resumption of the relationship between Petrobras and his Company. The commercial manager also stated that Toyo Setal worked hard to ensure they tabled a well thought out and practical proposal.
Several of their specialists visited the construction site severally to ensure that they had a clear picture of the place. They also identified what was missing to ensure their proposal was competitive. The hiring process only considered the companies that registered with Petrobras and those that had both technical and financial capacities to undertake the construction job. The construction project received many tabled proposals since the construction sector faced a tremendous economic crisis. The Rio de Janeiro municipality is glad that the construction of Petrobras is resuming. This is because Brazil has been facing a deep economic and social crisis following the vast rate of unemployment.
Toyo Setal will oversee the construction of the utility sector, which is expected to be the only venture that will create over 1,000 employment opportunities. The direct jobs will lead to the creation of indirect jobs, and therefore this will create over 5,000 jobs in the city. Toyo Setal is known as Shipyard EBR and is a company based in Brazil. It deals with the implementation of Industrial enterprises. The Company works in the field of Procurement, Engineering, Commissioning and Construction, it is a subsidiary of TS Participações e Investimentos SA. It’s an international company that deals with oil & gas, petrochemical, mining, infrastructure, and energy sectors. The Company believes in offering the best services to all its clients and enterprises. It also commits to ensuring safety, profitability, and sustainability.