IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL5.21▲ 0.25% USD/MXN17.01▼ 0.15% USD/CLP930.58— 0.00% USD/COP3,200— 0.00% USD/PEN3.36▲ 0.38% USD/ARS1,512▼ 0.03% USD/UYU40.27— 0.00% USD/PYG5,900— 0.00% USD/BOB11.78— 0.00% USD/DOP58.75▲ 0.24% USD/CRC446.65— 0.00% USD/GTQ7.62— 0.00% USD/HNL26.84— 0.00% USD/NIO36.62— 0.00% USD/VES793.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72— 0.00% EUR/BRL6.04▲ 0.19% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,664.62 ▲ 0.30% IPSA 11,445.90 ▼ 0.22% IPC MEX 65,484.32 ▼ 0.53% MERVAL 2,979,472 ▼ 0.72% COLCAP 2,457.87 ▼ 1.28% BVL PERÚ 60,779.49 ▼ 1.40% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, August 31, 2026

Fiocruz Opens Bidding Process for Construction of Latin America´s Largest Biopharma Complex

By · February 6, 2021 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

RIO DE JANEIRO, BRAZIL – The Ministry of Health and the Oswaldo Cruz Foundation (Fiocruz) yesterday launched a public notice opening the bidding process for hiring companies interested in building the new Industrial Complex of Biotechnology in Health (CIBS) in Santa Cruz, in the western zone of Rio de Janeiro.

Industrial Complex of Biotechnology in Health (CIBS) in Santa Cruz, in western Rio de Janeiro.
A design model of the Industrial Complex of Biotechnology in Health (CIBS). (Photo internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

The venture is scheduled to begin operations in 2025 and will quadruple the Oswaldo Cruz Foundation Institute of Technology in Immunobiology’s (Bio-Manguinhos/Fiocruz) vaccine and biopharmaceutical production capacity.

With the published notice, potential contractors will have a period of 120 days for appropriation and study of the project to subsidize the preparation of their proposals. Construction will be carried out through a model called Build to Suit, with private investors paid in the form of rent and with the reversion of the patrimony after the period of 15 years. The investment amounts to approximately R$3.4 billion (US$629 million), and the monthly rent may not exceed 1% of funding.

The construction foresees the creation of 5,000 direct jobs, and the operation of the enterprise will employ 1,500 workers. Once in full operation, the complex will be able to produce 120 million vaccine vials and biopharmaceuticals per year, and may exceed 600 million doses per year.

The announcement was celebrated in a ceremony at the Oswaldo Cruz Foundation, attended by Minister of Health Eduardo Pazuello, the Pan American Health Organization (PAHO) representative in Brazil, Fiocruz president Nísia Trindade and the director of Bio-Manguinhos Mauricio Zuma.

The Minister stated that the project reinforces Fiocruz’s 120-year legacy and stressed that the vaccines to be produced in the complex will save lives not only in Brazil, but in all of Latin America. “The Ministry of Health is proud today to launch together with Fiocruz the largest industrial biotechnology complex in health in Latin America. This is very important, and if there were doubts about this importance, the Covid-19 pandemic has dispelled this doubt.”

One of the project leaders, the Bio-Manguinhos director explained that the industrial complex is critical to reducing Brazil’s dependence on imported vaccines, which accounted for 45% of the doses purchased through the National Immunization Program in 2020.

“This project is a guarantee of the National Immunization Program’s sustainability in the coming decades,” he said, stressing other advantages, such as the strengthening of domestic industry and the development of western Rio de Janeiro.

Zuma explained that approximately R$1 billion has already been earmarked for the initial phases of the project, such as earthmoving, piling, environmental compensation and the development of conceptual, basic and executive projects. In addition, large equipment to be used in the industrial plants has already been purchased, as these items take time to be produced and need to be installed before the buildings are completed.

According to Fiocruz president Nísia Trindade, the Covid-19 pandemic has forced countries to rethink their option to import essential health supplies.

“It’s time to think along with this complex a large science and technology agenda for our country in the health field that will place autonomy and investment in science not as a cost, but rather as an effective investment in the future of our country, our sovereignty, our social development and the health of our peoples.”

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.