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Brazil unveils Time to Move Forward plan for 7,000 projects

Time to Move Forward
LatAm   Developments in a wide range of sectors

Brazil has just unveiled a new programme, called Agora, Avançar (Time to Move Forward), aimed at resuming progress for more than 7,000 projects throughout the country.


Developments in a wide range of sectors are expected to resume works, including healthcare, energy, infrastructure and urban mobility.

The projects anticipate an estimated R$ 130.96 billion in investments to be made until the end of 2018, when works are expected to be finalised. Funds will come from different sources, chiefly from the federal government.

Resources from the FGTS (Workers' Severance Indemnity Fund) and State-owned enterprises such as Caixa Econômica Federal and Petrobras will also be allocated to the projects.

As such, Time to Move Forward represents a major boost in terms of resuming works in all Brazilian regions.

In addition to the economic impact of these projects, the actions have important social impacts, since works previously stalled now have a date to be delivered.

The Northeast is the region with the most stalled developments: there are currently 3,186 works unfinished. Then comes the Southeast with 1,931 projects, followed by the South (864), North (772) and Midwest (636) regions.

Any citizen can monitor progress of the works in real time at a new website launched by the Brazilian government (www.avanca.gov.br) or through the Desenvolve Brasil app,available for Android-based smartphones.

According to the programme, projects to be resumed include roads, regional airports, sanitation and housing works, urban mobility projects, healthcare and education facilities and other important developments for the Brazilian people.

 

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