ANNOUNCED AS TEMPORARYNo
On 20 June 2018, the BNDES announced the allocation of BRL 508 million (almost USD 136 million at the time of the announcement) to finance the bridging loan settlement and the expansion and modernization works provided for in the concession agreement of the Confins International Airport, located in Minas Gerais.
The BNDES has provided 52% of the total value of the project estimated at BRL 983 million (USD 263 million).
The objective of these resources includes investments in expansion and modernization of the Confins International Airport, such as the expansion of airport services (boarding bridges, aircraft positions, check-in, passenger inspection channels) and amenities (shops, restaurants, food court, parking spaces).
Previously, in 2015, the BNDES provided the Confins International Airport concession with a bridge loan of BRL 406 million (USD 108 million) to finance the expansion and modernisation of the installations.
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