06/02/2010 12h07

SP agency of promotion reaches US$ 55.6 million in disbursement

Folha de S. Paulo

Nossa Caixa Desenvolvimento, agency of promotion of the Government of São Paulo, reached this week the volume of R$ 100 million (US$ 55.6 million) in disbursements for small and medium-sized businesses in the State. Created in March last year, the agency, connected to the Secretariat of Finance that became known as the "São Paulo BNDES", began operating in August. Most of the operations had an interest rate of 0.96% a month, with own resources or resources transferred from the BNDES. Nearly 150 companies of 25 municipalities of the State used the funding lines to expand their businesses or purchase equipment.

The segment that received most funds was the segment of machinery, tools, parts and accessories, with 16.4% of the total. Autoparts also stood out, with 16%, according to the Chairman of the agency, Milton Luiz Santos. According to him, shoemaking and plastic packaging are promising segments, whose participation may still increase. Another area, made up of companies that produce for the aerospace industry, in São José dos Campos, may still grow. "They have 1.16% of the total disbursements. Those volumes may become much bigger, but, since there was retraction with the crisis, those companies suffered, regardless Embraer".