Brazil invests US$18.3 billion in highways during phase 2 of PAC
Source:worldhighways 2014-3-12 10:48:00
Brazil has invested US$18.3 billion (43.8 billion reais) on federal highway projects during phase 2 of PAC, the country's growth acceleration plan, according to the federal government's 9th balance report on PAC 2 works.
The report, reviewing phase 2's first three years (2011-13) of the four-year programme, states that work was carried out on 3,080km of highway stretches and highlights a number of projects completed last year.
Among them was the BR-376 near southern Parana state's Maringa city, the BR-448 known as Rodovia do Parque in the southern state of Rio Grande do Sul, and the BR-324 known as Via Expressa near northeastern Bahia state's Salvador port.
Projects on another 6,915km of roads are currently underway: a total of 4,367km is for restoration and paving and 2,548km for road widening and expansion, the report said.
Overall PAC 2 works, which include transport infrastructure, basic sanitation and urban mobility, electric energy, housing, and other projects, saw a total of $328.85 billion (773 billion reais) in investments from 2011-13. The four-year phase ends this December.