Brazil's BNDES Approves BRL 72.5 Million Financing for Pig Farming Project
2026-07-11 14:18
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en.Wedoany.com Reported - The Brazilian Development Bank (BNDES) approved on the 9th a financing of BRL 72.5 million for the construction of a core pig farm. Located in Canoinhas, Santa Catarina, the farm is operated by Master Agroindustrial S.A. and is designed with a capacity of 5,000 sows, capable of producing approximately 150,000 pigs annually.

The total investment in the project amounts to BRL 91.2 million, with the core objective of preserving, breeding, and developing breeding pig lines, providing a technical foundation for the continuous improvement of the pig population. BNDES evaluates the plan as innovative in terms of genetic development for Brazil's pork production.

In a statement, BNDES noted that the project is considered structurally significant for strengthening Brazil's pig farming industry, as it integrates advances in genetics, biosecurity, and production efficiency through a high-tech model. The project will implement an isolated and controlled production system, including strict biosecurity protocols, traceability, and permanent health monitoring.

The bank assessed that the project directly elevates the technical standards of the national genetic base, expanding the capacity to produce animal protein with greater efficiency, predictability, and sanitary quality. President Aloizio Mercadante stated that technological progress in pig farming is crucial for producers to explore overseas markets, and noted that the project will contribute to genetic improvement of pigs by producing genetic material domestically in Brazil, significantly impacting the technological frontier while expanding both domestic and foreign supply capabilities, opening new pathways for exports to Latin America and other regions.

The project also plans to integrate sustainable solutions, utilizing production waste to generate biofertilizers and biogas for application in surrounding rural areas. During the execution phase, it is expected to create approximately 70 direct jobs and 280 indirect jobs; once the facility is operational, it will sustain 35 permanent positions and 140 indirect jobs.

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