Votorantim Siderurgy’s Votoraço products and Votorantim Cement’s Engemix will be used in the construction of 1440 residential units of Minha Casa, Minha Vida (My Home, My Life), a Program by the Brazilian Federal Government.  The project, started in June, is Homex’s first work in Brazil and it is located in the City of São José dos Campos (State of São Paulo).

Os produtos Votoraço, da Votorantim Siderurgia, e Engemix, da Votorantim Cimentos, serão utilizados na construção de 1440 unidades residenciais do Programa Minha Casa, Minha Vida, do Governo Federal.  O empreendimento, iniciado em junho, é a primeira obra da Homex no Brasil e fica localizado em São José Dos Campos (SP).

“We are supplying cut and folded steel and cast screens with higher value added”, says Luiz Henrique dos Santos, Business Coordinator of the São José dos Campos Branch. The houses and apartments should be delivered to residents up to December this year. “VS is proud to be involved with such an important social program”, he says.

Construction company Homex is one of the greatest companies in the Mexican real estate market, with over 20 years of experience and 140,000 houses built and delivered. Luiz Henrique also says that in the second half of 2009 other partnerships can be entered into between VS and the construction company. “Homex is increasing its participation in the Brazil, and it should accomplish new projects in the countryside of São Paulo”.

Minha Casa, Minha Vida

• The Federal Government is investing R$34 billion in the Program;
• Funds are subsided by the Union and FGTS (Employee Indemnity Severance Fund);
• 1 million homes for families with incomes of up to 10 minimum wages shall be built throughout Brazil.