The Brazilian Development Bank (BNDES) has approved financing in the amount of R$ 154 million for Peugeot Citroën Brazil to develop a new car model, Peugeot 208, which was industrially launched on January 30 in an event at the company plant, in the city of Porto Real (RJ)

The disbursements from the Brazilian Development Bank (BNDES) reached R$ 156 billion in 2012, an increase of 12% compared with the previous year. Consultations rose 60%, and approvals of new projects grew 58% over 2011. These figures represent unprecedented levels in the history of the Bank and reflect the interest of Brazilian entrepreneurs in investing.

The BNDES and the Belgian development agency, Société Fédérale de Participations et d´Investissement, entered into an investment agreement to formally employ resources form BNDESPAR and SFPI in the Performa Key Investment Fund for Environmental Innovation.

The BNDES has approved new financing conditions to implement the high-speed train (TAV Brazil), which will stretch 511 km, connecting the municipalities of Rio de Janeiro, São Paulo and Campinas. The current support conditions were redefined so as to adapt them to the new project's bidding process.