What's new on the Rio - Oranges website!

July 2007

For its latest project, Rio-Oranges has chosen land in Saquarema in the scenic Lake District, 100 km north of Rio de Janeiro

This is an ideal location for orange plantations. The total area of around 500,000 sq mt has been zoned into several orchards. Adjacent areas of land of several hundred acres have been earmarked and reserved for further expansion.

The first orchards have been planted with 4000 orange trees each. Prospective investors in the cooperative can thus view for themselves what their orchard will look like and can follow the development of the project. New plantings of 4000 trees will be undertaken shortly.

December 2007

The world's second-largest oil and gas discovery of the past 20 years has recently been confirmed off the coast of south-east Brazil near South America's biggest port, Santos. This is deep-sea oil and Brazil is one of the few countries that have the technology to get at the oil cost-effectively. The Tupi oilfield will increase Brazil's present oil and gas capacity by 50 %. In a recent interview Al Gore mentioned that 75 % of new cars sold in Brazil can run on alcohol (which in Brazil at present sells at half the price of petrol) which is far more evironmentally friendly than gasoline.

Unemployment in Brazil is currently running at its lowest level for 20 years and new job creation is at its highest level ever.

The Brazilian Real has appreciated 18 % against the US$ over the past 18 months but it has also appreciated 10 % against the Euro and the £ Sterling during the same period.

Brazil is a "third world" country ...

At Rio-Oranges the news is also promising .... The "Ponderosa" plantation is now almost fully planted and many thousands of flourishing orange trees are taking advantage of the recent favourable weather which has oscillated between sunshine and rain over the past two months, ideal conditions for the growth of young trees. We now have investors from Belgium, England, Italy and Norway and positive enquiries from other countries. Rio-Oranges has now commenced work on a new phase adjacent to "Ponderosa" in readiness for new plantings early next year and we look forward to updating you on our progress in the New Year.

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