Ethanol Summit 2009

Tuesday, February 18, 2020

> Português

The Brazilian Development Bank (BNDES) is a federal public company, linked to the Ministry of Development, Industry and Foreign Trade (MDIC). Its goal is to provide long-term financing aimed at enhancing Brazil’s development, and, therefore, improving the competitiveness of the Brazilian economy and the standard of living of the Brazilian population. Since its establishment, on June 20th, 1952, the BNDES has financed large-scale industrial and infrastructure operations, besides playing a significant role in the support of investments in agriculture, trade and the service industry. The Bank also supports small and medium-sized private businesses, as well as social investments in education and health, family farming (agriculture), public transport, and basic sanitation. In addition, a special interest is taken to foster cultural progress in Brazil through the sponsorship of projects in areas, such as architectural heritage, film and music, and collections, besides offering support to cultural enterprises through innovative financial instruments.

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