Rio de Janeiro – Brazilian companies in the fields of tourism, trade and services that intend to invest in modernization, expansion and employee training projects will have the opportunity to get to know the lines of credit of the Brazilian Development Bank (BNDES, in the Portuguese acronym) for these sector.
Technicians from the bank will give the first talk in the series BNDES and Tourism next Saturday (18th) in Foz do Iguaçu, in the state of Paraná. They will present the existing programs and instruments to stimulate the tourist chain. The event is part of the program of Iguaçu Falls Tourism Festival, which will open on the 16th and end on the 18th.
Last year, the BNDES launched a program aimed specifically at the tourism sector. The program, named ProCopa Turismo, whose budget of 1 billion Brazilian reals (US$ 630 million) may be expanded to 2 billion reals (US$ 1,260 billion) by the end of the year, according to the superintendent of the Social Inclusion Area of the BNDES, Ricardo Luiz de Souza Ramos. Last week, he attended the seminar Economic Growth – Investment for the World Cup and the Olympics, promoted by the Association and Union of the Banks of the State of Rio de Janeiro. The program aims to finance projects for construction and refurbishment of hotels for the 2014 FIFA World Cup.
According to the BNDES press office, the program currently has a portfolio of 283 million reals (US$ 178 million), of which 211 million reals (US$ 133 million) concern projects already approved by the bank. The remaining 72 million reals (US$ 45 million) concern projects under analysis.
Tourism industry businessmen will also be offered the BNDES Card, which finances the purchase of machinery and equipment to small and medium companies, as well as professional training courses turned to the segment. Talks of the series BNDES and Tourism are scheduled to take place in Rio de Janeiro, Fortaleza and São Paulo.
*Translated by Gabriel Pomerancblum
