Brazil: Phase 2 of PAC infrastructure programme shows results

Brazil has built nearly 5,200km of roads in the past four years, according to a review of the federal government's PAC Phase 2 accelerated economic growth programme. Around 1,400 of the 5,200km were built under long-term concessions and another 7,000km are under construction. Total investment has been around US$24.43 billion. PAC is a strategic investment programme that combines management initiatives and public works, according to the World Bank. The first phase, launched in 2007, saw around $349 bil
December 18, 2014 Read time: 2 mins
RSSBrazil has built nearly 5,200km of roads in the past four years, according to a review of the federal government's PAC Phase 2 accelerated economic growth programme.

Around 1,400 of the 5,200km were built under long-term concessions and another 7,000km are under construction. Total investment has been around US$24.43 billion.

PAC is a strategic investment programme that combines management initiatives and public works, according to the World Bank. The first phase, launched in 2007, saw around $349 billion set aside for approved projects under PAC.

Similar to the first phase, PAC 2 focuses on investments in logistics, energy and social development, organised under six major initiatives: Better Cities (urban infrastructure); Bringing Citizenship to the Community (safety and social inclusion); My House, My Life (housing); Water and Light for All (sanitation and access to electricity); Energy (renewable energy, oil and gas); and Transportation (highways, railways, airports).

But some of Brazil's highways projects have hit financial snags, as 3260 World Highways reported in December.

In Minas Gerais state, 7052 Banco do Brasil is holding back funds for planned work. As a result the state government has halted work on 32 construction projects. The Banco do Brasil has not provided the expected $346 million for the work. Projects include a section of the MG-437 road between Sabara and Nova Lima. The Banco do Brasil said it may, however, release the sum in 2015.

For more information on companies in this article

Related Content

  • Brazil opening tender processes for highways, tunnels and road repairs
    July 4, 2014
    A series of tenders for major highway, tunnel and road repair projects are being opened in Brazil. The country’s national transport infrastructure department, DNIT, has set out plans for a series of tenders, all of which form part of phase 2 of the country's growth acceleration plan, PAC. The first of the key projects opening for tender will be the new Morro dos Cavalos tunnel, which will be constructed in the southern state of Santa Catarina. This 1.36km tunnel will be built in the city of Palhoça and form
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Australia: Consortium ready to abandon Melbourne’s East West Link
    March 10, 2015
    The East West Connect consortium is set to abandon Melbourne’s East West Link contract in return for a payment of between US$400 million and $535 million, according to media reports. But the Victoria state government is challenging the claim by East West Connect whose partners include Lend Lease, Acciona, Capella Capital and Bouygues. Instead, the government wants East West to payback around $153 million which the consortium allegedly received when the toll road contract was signed, reported the Herald Sun
    Read More
  • Brazil’s new highway deal announced
    May 11, 2021
    Brazil has announced a major new highway deal.
    Read More

Highlighted Content