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Home Paraná announces infrastructure investment plan of US$ 760 million

Paraná announces infrastructure investment plan of US$ 760 million

18 from 2020 from September to 09: 38
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Paraná investments infrastructure

The plan also includes the paving of 400 km of rural and coastal roads throughout the state of Paraná.

The state of Paraná  , in southern Brazil, will invest 4 billion reais (US$760 million) in infrastructure projects. Most of the investments will be aimed at 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, they are from a time when traffic and even the size of trucks were much smaller,” he said. “Many highways in Paraná have become dangerous because there has been no increase in load capacity and concern for safety”. 

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

There will be a 20km widening of the PR-317, between Maringá and Igaraçu, and widening of two stretches of the BR-277. The plan also includes paving 400 km of rural roads across the state.  

See also other features

Project on the Coast

The state government will invest R$ 513 million in the revitalization of Orla de Matinhos. "We will make large investments to recover the coast, improve the development of the region", said the governor. 

REAL ESTATE FINANCING 

Financing for the projects worth BRL 1,6 billion was recently obtained from federal public creditors Bank of Brazil and Caixa Econômica Federal.

An additional R$1 billion was guaranteed by 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 Anel de Integração project.

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