Global Trade Alert
Global Trade Alert

Brazil: BNDES grants Fiat USD 10 million for engine production site

Announcement

08 Oct 2015

On 8 October 2015, the Brazilian Development Bank announced a loan to A FPT Powertrain Technologies do Brasil – Indústria e Comércio de Motores Ltda, a subsidiary of FCA Fiat Chrysler Automóveis Brasil Ltda. The loan, which is bound to the BNDES’s local content requirement policy, will finance two projects.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Oct 2015

Revocation date:

No revocation date

Updated: 08 Oct 2015
State loan In force
The Brazilian Development Bank announced a loan of 37.1 million real (USD 10 million) to A FPT Powertrain Technologies do Brasil – Indústria e Comércio de Motores Ltda, a subsidiary of FCA Fiat Chrysl...
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