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Government surprises and approves R$10,5 billion for modernization of the naval sector in Brazil

Written by Roberta Souza
Published 26/12/2024 às 18:24
-government - naval sector - naval industry - BNDES
photo/reproduction: Disclosure

Modernizing the naval sector is a crucial step to boost the Brazilian economy and strengthen national industry

Last Thursday (12), the Board of Directors of the Merchant Navy Fund (CDFMM) announced the approval of $ 10,5 billion destinated to 21 projects aimed at the modernization of marine industry.

This government investment is part of a larger effort, which over the course of the year has already totaled $ 31 billion in projects available for hiring resources.

Strategic investment for the naval industry

O Merchant Marine Fund (FMM) is managed by Ministry of Ports and Airports, through the CDFMM, and its resolution with the priority projects will be published in the Official Gazette.

With this, companies in the sector will be able to seek financing through financial institutions, such as National Bank for Economic and Social Development (BNDES) and the Bank of Brazil.

Focus on vessel construction and maintenance

The revenue from these resources will be directed to various activities, including construction, docking, manutenção, conversion e boat repair.

-government - naval sector - naval industry - BNDES
photo/reproduction: Disclosure

These sectors are fundamental to guarantee the competitiveness of marine industry Brazilian, which has been undergoing a revitalization process.

Minister highlights the importance of investment

O Minister of Ports and Airports, Silvio Costa Jr., highlighted the relevance of this investment, stating that:

“We are witnessing a phase of resumed da marine industry Brazilian, which prepares the country for the socioeconomic growth promoted by water transportation. "

This statement reflects the government's confidence in the sector's potential to contribute significantly to Brazil's economic development.

A promising future for the naval sector

With the approval of the $ 10,5 billion, the Brazilian government demonstrates its commitment to modernizing and strengthening the naval sector.

-government - naval sector - naval industry - BNDES
photo/reproduction: Disclosure

This injection of resources will be a catalyst for growth and innovation, allowing marine industry national level becomes more competitive on the global stage.

Therefore, these initiatives are essential to ensure that Brazil positions itself as a leader in marine industry, promoting jobs and sustainable economic development.

The future of the sector looks promising, and modernization is a vital key to achieving these goals.

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Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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