Brazil’s road infrastructure to get part of US $ 1.36bn fund

Brazil’s road infrastructure is to be improved with a share of the Brazilian Bank for Economic and Social Development’s (BNDES) US $ 1.36 billion (BRL 2.76bn) investment fund for the states of Minas Gerais and Maranhao. The money will also be spent on socioeconomic projects in education, health, sanitation, and public safety.
October 15, 2012 Read time: 1 min
Brazil’s road infrastructure is to be improved with a share of the 6720 Brazilian Bank for Economic and Social Development’s (BNDES) US $ 1.36 billion (BRL 2.76bn) investment fund for the states of Minas Gerais and Maranhao.

The money will also be spent on socioeconomic projects in education, health, sanitation, and public safety.

For more information on companies in this article

Related Content

  • Brazilian highway deal awarded for Minas Gerais
    August 26, 2022
    A key highway deal has been awarded for Brazil’s Minas Gerais State.
    Read More
  • Brazil’s slow urban mobility progress
    February 20, 2014
    Less than 20% of the announced urban mobility projects in Brazil have their work under way or have been concluded. The low volume is said to highlight the difficulty of the public sector providing rapid responses to the country's infrastructure needs. The latest report on the PAC 2 accelerated growth programme shows that just 47 of the 229 projects with federal investment have some work in progress, with only seven of the projects having been inaugurated, with the rest still in tender phases or having feas
    Read More
  • New Zealand government to spend US $ 10.3bn on public transport, roads
    September 11, 2012
    New Zealand transport minister, Gerry Brownlee, has announced plans for a US $ 10.3 billion program to improve public transport and roads. Under the three-year plan, authorities for the public transport system, state highways and local roads will receive $ 1.36 billion, $ 4.09 billion and $ 3.29 billion, respectively, for upgrades.
    Read More
  • Brazil’s new highway deal announced
    May 11, 2021
    Brazil has announced a major new highway deal.
    Read More

Highlighted Content