Federal govt to spend US$6bn to prevent floods, landslides

- Friday, January 21, 2011

Federal govt to spend US$6bn to prevent floods, landslides

Brazil will invest 10bn reais (US$5.98bn) in drainage works aimed at helping prevent floods and landslides in metropolitan areas throughout the country, news service Agencia Estado reported.

Planning minister Miriam Belchior has announced the release of 1bn reais to address immediate problems and relocate residents in areas that are at risk.

Some 500mn reais will go to 99 municipalities that the government has already identified as priority areas. Of the total, 100mn reais has been allocated to Rio de Janeiro, which was hardest hit by recent floods.

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Over 800 people died as a result of torrential rains and floods that hit southeastern Brazil earlier this month.