Under Mercadante, BNDES approves more naval credit than Bolsonaro and Temer combined.
Bolsonaro and Temer left the sector adrift and dedicated themselves to dismantling the national shipbuilding industry.
247 - BNDES released R$ 6 billion in credit for projects of the Merchant Marine Fund (FMM) in 2024, an amount three times greater than that recorded during the government of Jair Bolsonaro, reported the Painel column in [publication name]. Folha de São Paulo, this Tuesday (11).
According to the president of the development bank, Aloizio Mercadante, the amount exceeds the approvals from the administrations of Michel Temer and Bolsonaro combined, which totaled R$ 3,9 billion. Mercadante highlighted that this resumption of shipbuilding has generated more than 10 jobs, focusing on waterway transport and decarbonization, a sector in which Brazil has great potential.
"This resumption of shipbuilding, which is responsible for generating more than 10 jobs, is concentrated especially in waterway transport, with barges, ferries and pushboats," said Mercadante.
He further emphasized that the UN's International Maritime Organization's requirements for the use of renewable fuels by 2030 could boost the Brazilian shipbuilding industry, given its global leadership in the biofuels sector.
