8 years ago
Showing posts with label BNDES. Show all posts
Showing posts with label BNDES. Show all posts
Sunday, September 11, 2011
Bad Apples
Sometimes I get carried away... such as when I spread the news that Foxconn was building an Apple ipad factory in Brazil. I was even so foolish to provide a location for the factory.
Well, once again this is a Brazilian Novela: Apparently, the Foxconn-Factory will produce something else (Cell Phones, not from Apple) and will only build the 12bn R$ factory, if the state-owned development bank BNDES becomes a MAJORITY partner...
Looks like this project will not fly - at least, as the blogger at veja correctly states: No Brazilian ipads for Christmas.
Subscribe to:
Posts (Atom)