PAC Progress in São Paulo

By Anna Fitzpatrick, Contributing Reporter

SÃO PAULO, BRAZIL – The initial growth acceleration program, or PAC, planned for 2007 to 2010, earmarked investments of R$504 billion (US$306 billion) to be spent on infrastructure issues.  Of that, R$346.5 billion was earmarked for projects in São Paulo, the state responsible for 34 percent of the country’s GDP (Gross Domestic Product).

Infrastructure projects have been the priority nationwide, and of the nearly 14,000 projects included in PAC and . . .

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