Announcement
17 Jan 2014
On 17 January 2014, the Brazilian Development Bank BNDES announced that it will finance two aquaculture projects through its BNDES Proaquicultura program. The two companies, Geneseas Aquacultura Ltda and Delicious Fish Agroindústria e Comércio de Pescados Ltda, from the central-western region of Brazil will benefit from the financial support. The financing for these farms entails the condition to source part of the construction inputs from Brazil.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
09 Jan 2014
Revocation date:
No revocation date
Local content incentive
In force
In the 2 aquaculture projects with a total financing volume of USD 15 million, the Brazilian Development Bank imposes strict local content requirements on the production of wind turbines, e.g., towers...
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State loan
In force
Geneseas Aquacultura Ltda will receive a 15.8 million real (US$ 7 million) loan to finance two fish farms and one processing house. Delicious Fish Agroindústria e Comércio de Pescados Ltda receives a ...
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