Announcement
17 Feb 2014
On February 17, 2014, the Brazilian National Development Bank (BNDES) and the Funding Authority for Studies and Projects (FINEP) announced a new set of subsidies and lines of financing worth USD 620 million to be given to companies who produce sugar cane or research products that directly benefit the supply of the sugar cane industry in Brazil.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
16 Jul 2014
Revocation date:
16 Jul 2018
Announced: 17 Feb 2014
Production subsidy
In addition to the information provided above, the total funds available for PAISSINOVA Telecom in the form of production subsidies are R$ 80 million (USD 33 million).
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Announced: 17 Feb 2014
State loan
On February 17, 2014, the Brazilian National Development Bank (BNDES) and the Funding Authority for Studies and Projects (FINEP) announced a new program that incentivizes R&D in the sugar cane sec...
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