Slow Start to PAC Development

By Emile Phaneuf, Contributing Reporter

RIO DE JANEIRO, BRAZIL - The administration of former President Luiz Inácio Lula da Silva launched its Growth Acceleration Program (Programa de Aceleração do Cresimento, PAC) in 2007 as an attempt to increase economic prosperity.

Among its objectives were long-awaited developmental projects to provide housing, improvements in sanitation, lighting, and transportation, including a high-speed rail to connect São Paulo and Rio de Janeiro, to cities throughout Brazil.

Although PAC may have been strategically timed in preparation for the hosting of the Subscribe to our Premium Membership Plan. Already Subscribed?