The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 105 million (approx. USD 60 million) loan to Rumo SA granted on 24 August 2010 by the National Ba...
On 24 August 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 105 million (approx. USD 60 million) loan to Rumo SA. The loan was issued under the BNDES ...