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.
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...