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{"source_url": "https://www.valor.com.br", "url": "https://www.valor.com.br/international/news/6437437/fuel-distributor-bci-invests-outlet-mall", "title": "Fuel distributor BCI invests in outlet mall", "top_image": "https://www.valor.com.br/misc/favicon.ico", "meta_img": "https://www.valor.com.br/misc/favicon.ico", "images": ["https://googleads.g.doubleclick.net/pagead/viewthroughconversion/1068023064/?value=0&label=CjknCIinugIQmPqi_QM&guid=ON&script=0", "https://www.valor.com.br/misc/favicon.ico", "https://b.scorecardresearch.com/p?c1=2&c2=16440166&cv=2.0&cj=1"], "movies": [], "text": "Pernambuco-based group BCI, the controlling shareholder of fuel distributor T.T Work (formerly called Total), will invest R$90 million to build an outlet mall in Moreno, located 30 kilometers from state capital Recife. The development will be the first discount mall in Pernambuco and the third in the Northeast region. About 80% of the investment will be financed with money from development lender Bank of the Northeast (BNB) and the rest with BCI's own capital. The outlet mall is a diversification of the group's activities, which last year earned R$7.9 billion with fuel imports, ethanol trading, liquid bulk storage and the manufacturing of 50-cylinder motorcycles under Chinese brand Shineray, in addition to real estate. With a total area of 500,000 square meters, the development is expected to be delivered to retailers in July and to open its doors to shoppers in October.", "keywords": [], "meta_keywords": ["brazil stock", "brazil investment", "brazil market", "investments in brazil"], "tags": [], "authors": [], "publish_date": null, "summary": "", "article_html": "", "meta_description": "Fuel distributor BCI invests in outlet mall", "meta_lang": "en", "meta_favicon": "/misc/favicon.ico", "meta_data": {"viewport": "width=device-width, initial-scale=1.0, user-scalable=yes", "keywords": "brazil stock, brazil investment, brazil market, investments in brazil", "description": "Fuel distributor BCI invests in outlet mall", "fb": {"pages": 197587446941661}}, "canonical_link": ""}