IDB to fund São Paulo highways work

Premium Content
Sarah McCay

13 September 2014

The Inter-American Development Bank (IDB) is to provide financing worth US$ 480 million to the state of São Paulo for its highway investment programme.

With 41 million people, São Paulo is Brazil’s most populated state. It generates a third of the country’s economic output. The state is home not only to the country’s largest city, São Paulo, but also to its biggest port, Santos, which handles a fourth of Brazilian exports.

The new IDB financing will fund upgrade work on 500 km of highway in São Paulo. The loan will also finance engineering studies, logistical planning and measures to improve road safety.

Funding & Development loans Projects Road Building Construction
You are reading a Premium article. You can view 1 premium article every 30 days. Register or Log in to become a Plus Memeber and gain further access to the content.
STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA