# BYD to invest $620M in industrial complex in Bahia, Brazil

Chinese automaker BYD will invest 3 billion reais ($620 million) in a new industrial complex in the Camacari industrial park in Bahia, Brazil, consisting of three plants. Operations are expected to start in mid-2024.

- Type: New facility
- Announced: 2023-07-04
- Where: Camacari industrial park, Bahia, Brazil
- Value: $620.2M (3.00B BRL)
- Starts operating: Q3 2024
- Status: announced
- Products: electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BYD](https://endata.com/companies/9720.md)

## Sources

- [reuters.com](https://www.reuters.com/business/autos-transportation/china-automaker-byd-invest-620-million-brazil-industrial-complex-2023-07-04/), 2023-07-04: "Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.