Announcement
05 Jan 2015
On 5 January 2015, the Brazilian Development Bank (BNDES) announced to finance Fiat Automóveis in Betim (Minas Gerais). The loan, which is bound to the BNDES’s local content requirement policy, will finance two projects.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Jan 2015
Revocation date:
No revocation date
Updated: 05 Jan 2015
State loan
In force
The investment of 649.9 million real (USD 217.05 million) is going to finance the development of engine technology, vehicles, the Fiat Bravo line of cars, adapt certain production lines, civil works, ...
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