IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Sep 2018 | Removal date: open ended
Still in force

State loan

In the case of VLI Multimodal, the announcement made by the BNDES on 25 September 2018 estates that the firm has received BRL 124.6 million (over USD 30.2 million at the time of the announcement). These resources will be distributed among two projects.

One project refers to the expansion of the transport capacity of eucalyptus trees. To this end, the company will purchase 178 platform-type wagons and will receive BRL 40.6 million (USD 9.85 million) to carry out this investment.

As to the second project, the objective is to increase the rail transportation capacity of agricultural products. To do so, the company will receive BRL 84 million from the BNDES (circa USD 20.4 million).

AFFECTED COUNTRIES

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