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Global Trade Alert

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Brazil: BNDES provides a loan to Giga Mais Fibra for expanding broadband internet access

Description

On 7 July 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Giga Mais Fibra signed a BRL 148.3 million (USD 27.3 million) state loan. The loan will financ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Jul 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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