Breaking News

Home Depot Names Craig Menear CEO, Frank Blake to Remain as Chairman
Tweet TWEET

BNDES to Boost Loans for Infrastructure Projects, Estado Says

Brazil’s national development bank, or BNDES, plans to increase loans by 20 percent this year for projects in transportation and logistics to 5.6 billion reais ($2.75 billion), O Estado de S.Paulo reported, citing Dalmo Marchetti, manager of the logistics department at BNDES.

The projects to be funded by BNDES include the renovation of airports in Brasilia and Sao Paulo, O Estado said.

To contact the reporter on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net.

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.