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Brazil Property News: Espirito Santo 'fruit boom'
1st October 2008 04:10
People considering buying property for sale in Brazil could be interested to hear the state of Espirito Santo has expanded its fruit farming by nearly one-third in recent years, it has been reported.
Figures released by the Espirito Santo State Research, Technical Assistance and Rural Extension Institute (Incaper) show annual fruit production in the state has grown by 30 per cent over the course of the past six years, according to the Brazil Arab News Agency.
Incaper reveal the region now produces 1.28 million tonnes a year compared to 750,000 tonnes in 2002.
The sector, which produces 18 per cent of the state's agricultural income, generates revenue of some $256 million a year (£144 million) and provides 50,000 direct and 100,000 indirect jobs.
According to the publication, the greater demand form foreign markets is responsible to the expansion of the state's fruit farming market.
Aureliano Nogueira, coordinator of the Fruit Farming Programme at Incaper, told the publication: "It is the agricultural sector that grows most worldwide."
Meanwhile, the Brazzil Magazine reported this week that a number of firms have joined forces to help drive the cost of fertiliser down.
The cooperatives which produce one-quarter of the nation's grain production have established the National Consortium of Agricultural Cooperatives to produce its own fertiliser.
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