Global Trade Alert
Global Trade Alert

Brazil: BNDES and Instituto Butantan sign loan to construct a new biotechnology plant

Announcement

22 Jul 2024

In July 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with the Instituto Butantan.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

22 Jul 2024

Revocation date:

No revocation date

State loan In force

On 22 July 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Instituto Butantan signed a BRL 386 million (USD 69.6 million) loan. The loan will finance th...

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Local content incentive In force

The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 386 million (USD 69.6 million) loan to Instituto Butantan, granted on 22 July 2024 by the National ...

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