Paraná Announces $760 Million Infrastructure Investment Plan

Written by Paulo Nogueira

Published on 18/09/2020 at 09:38

Updated on 18/09/2020 at 09:52

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The Plan Also Includes Paving 400 Km of Rural Roads and Coastline Throughout the State of Paraná

The state of Paraná, in southern Brazil, will invest 4 billion reais (US $ 760 million) in infrastructure projects. The majority of the investments will be allocated to improving the state’s highways, said Governor Carlos Massa Ratinho Junior.

“We have highways that were built in the 1970s and 1980s that are still in use today, from a time when traffic and even the size of trucks were much smaller,” he said. “Many Paraná highways have become dangerous because there has been no increase in load capacity and concern for safety.”

As part of the plan, 560 km of a third lane will be built on highways PR-280 and PR-323, between the cities of Maringá and Umuarama, and along PR-092.

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Project on the Coast

The state government will invest R $ 513 million in the revitalization of the Matinhos waterfront. “We will make significant investments to recover the coastline and enhance the region’s development,” said the governor.

Financing

The financing for the projects, amounting to R $ 1.6 billion, was recently secured from federal public creditors Banco do Brasil and Caixa Econômica Federal.

An additional R $ 1 billion has been secured from the Inter-American Development Bank (IDB).

The state government will also use R $ 500 million from a recent leniency agreement with highway concessionaires involved in irregularities in the Integration Ring project.

Paraná Announces $760 Million Infrastructure Investment Plan

The Plan Also Includes Paving 400 Km of Rural Roads and Coastline Throughout the State of Paraná

Project on the Coast

Financing

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Paraná Announces $760 Million Infrastructure Investment Plan

The Plan Also Includes Paving 400 Km of Rural Roads and Coastline Throughout the State of Paraná

Project on the Coast

Financing

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Greek island offers free housing for volunteers, but there’s a condition: you need to take care of rescued cats.

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

Paper money is disappearing from Brazilians’ pockets, with the issuance of new banknotes dropping by 31% from 2020 to 2025, amid the explosion of Pix, which became the most frequent payment method for 46% of the population, while cash plummeted from 42% to 22%.

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