It should include income tax reduction and a R$ 106 billion credit line by BNDES focused on decarbonization
By Alzira Rodrigues | 8/29/23 | Translated by Jorge Meditsch
The vice president and minister of Development, Industry, Commerce and Services, Geraldo Alckmin, said this Tuesday, 8/29, that the second phase of the program Rota 2030 should be announced in a few days.
He anticipated that there would be a reduction of the income tax and CSLL (Social Contribution over Net Profit) to encourage research and development focusing on mobility innovation and decarbonization.
The BNDES (National Development Bank) will open a R$ 106 billion credit line with a yearly 3% interest rate for the automotive sector to invest in the same areas.
Alckmin said the Rota 2030 second phase should go from 2023 through 2028. It was intended to go through 2027, but the end was postponed due to the delay of the new phase announcement.
The delay was due to the affordable car package launched at the beginning of June. According to Alckmin, the program was a success for light vehicles, taking to record sales.
He mentioned that the incentive program is still effective for heavy vehicles, offering R$ 700 million for trucks and R$ 300 million for buses. In this case, the focus is to take old vehicles from circulation to reduce emissions.
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