AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYYes
In July 2014, the Brazilian Development Bank (BNDES) provided Construtora Andrade Gutierrez SA with post-export credit for a project involving exporting goods and services for the construction of a dam on the Incomati river r to supply water for the city Moamba.The post-export credit agreement was signed on 16 July 2014. The loan amount is USD 320 million at an annual interest rate of 6.53 percent. The loan matured in January 2015.
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