BUSINESSTHE RIO TIMES
BNDES Fleet Renewal: US$3.9 Billion for Trucks and Buses
BNDES approved R$20 billion (~US$3.9 billion) for a fleet renewal program, covering 95% of its R$21 billion (~US$4.1 billion) budget. The financing includes new, nationally manufactured trucks, tractor-trucks, buses, minibuses, and road implements, with semi-new trucks allowed only for autonomous drivers and cooperative members.
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