PAC II sanitation projects hit US$16bn

- Monday, August 1, 2011

PAC II sanitation projects hit US$16bn

Brazil has contracted sanitation projects worth 25bn reais (US$16bn) under phase II of its growth acceleration plan (PAC), government news service Agência Brasil reported.

Of the total, 87% of projects are around 50% complete. Work costing 6bn reais is still in the contracting phase, the report said.

A total of 230 municipalities in 22 states are due to receive PAC funds for sanitation work.

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PAC II spending so far has included 5.2bn reais for disaster prevention in risk-prone areas, with 4bn reais going toward drainage works.

Another 18bn reais will be spent on urban mobility projects.

To run from 2011-2014, PAC phase II involves total investments of some 955bn reais. However, the government has said it expects only 74% of the total to be completed by 2014.