US EditionBrazil Unveils $2.2 Billion Credit Plan to Modernize Aging Industry
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4 Articles
Brazil Unveils $2.2 Billion Credit Plan to Modernize Aging Industry
Brazil has announced a new $2.2 billion (12 billion reais) credit program aimed at renewing machinery and equipment in its industrial sector. The initiative is part of a broader push to revive national manufacturing and align it with the global shift toward cleaner and more competitive production. The program, launched under the government’s New Industry […]
The federal government has just launched official lines of credit from Finep and BNDES to Industry 4.0, with resources up to R$ 12 billion for factory modernization and productivity growth. The initiative integrates the New Industry Brazil (NIB), which provides up to R$ 300 billion in investments until 2026 to reverse the de-industrialization, innovation and sustainability of the sector. The Ministry of Science, Technology and Innovation, Lucian…
The new credit line is part of the "Industrial 4.0" programme of government Lula, and aims at the renewal of the Brazilian factory park.
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