Alliance between the Government of Brazil and the BRICS Development Bank for investment

Start Date: 04/06/2024

End Date: 31/12/2025

Description

The Brazilian Ministry of Agriculture and Livestock signed a commitment agreement with the BRICS Bank to invest in the reconstruction of agricultural and road infrastructure in Rio Grande do Sul. The initiative will focus on improving grain storage facilities and transportation logistics, with the aim of increasing the efficiency and competitiveness of the agricultural sector in the region.

Go to Initiative

Iniciative Type

Alliances, platforms or Interinstitutional Agreements

Action scope

Subnational

Evaluated

Stage

Development-design

Temporalidad

Long-term

Number of Years

1 - Year -s

Related elements

Sectors:

Thematic Areas:

Countries:

Brazil

Beneficiaries:

Instruments:

Resultados:

Budget in USD

$495,000,000.00

Counterpart Budget

$620,000,000.00

Total Budget

$1,115,000,000.00

Annual Average Budget

$0.00

Financing Sources	Financing Types
Government of Brazil	Public budget
BND: New Brics Development Bank	Development aid
BNDES: National Bank for Economic and Social Development	Investment funds
BB: Bank of Brazil	Investment funds
BRDE: Banco Regional do Extremo Sul	Investment funds

Institutions

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