Global Trade Alert
Global Trade Alert

Brazil: BNDES approves three loans for investments in the rail transportation sector

Announcement

25 Sep 2018

On 25 September 2018, the National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved three loans worth BRL 488.5 million (USD 118.5 million at the time of the announcement)for investments in the rail transportation sector. The three beneficiaries were MRS Logística, VLI Multimodal and MRC Locação de Equipamentos Ferroviários.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Sep 2018

Revocation date:

No revocation date

Updated: 25 Sep 2018
Local content incentive In force

One key aspect emphasised in the announcement made by the BNDES on 25 September 2018, is that 26 new locomotives that are to be purchased with the resources of the bank will be nationally prod...

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Updated: 25 Sep 2018
State loan In force

The announcement made by the BNDES on 25 September 2018 also estates that MRC Locação de Equipamentos Ferroviários will receive BRL 111.5 million (over ...

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Updated: 25 Sep 2018
State loan In force

In the case of VLI Multimodal, the announcement made by the BNDES on 25 September 2018 estates that the firm has received BRL 124.6 million (over USD 30.2 million at the time of ...

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Updated: 25 Sep 2018
State loan In force

With regard to MRS Logística, the company will receive BRL 252.4 million (over USD 61.2 million at the time of the announcement) to invest in the purchase of 15 new nationally-...

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