News

Brazil - £320 million to be invested in Marine projects

Mon, 10 October 2016

Market: Brazil

Sectors: Marine

71 new vessels will be constructed in the next years create opportunity for UK marine supply chain.

The Marine Merchant Fund (FMM), a Brazilian institution which provides finance support to the shipbuilding and ship repair sector, approved £320 million (BRL 1.6 billion) to finance the construction of 6 new PSVs, 52 new vessels for river transportation, 6 tugboats coastal and repair of 2 container vessels. These projects will create a demand for equipment and services for the next years which can be supplied by UK companies.

To receive the complete list of shipyards and ship owners involved in these projects, please register your interest below. We (UKTI Brazil) can advise your company on how to access these opportunities in Brazil.

Our services also include assistance with market research, contact details of potential clients, visiting programmes, product promotion and other services.

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