The State of São Paulo and the municipalities of Rio de Janeiro and Belo Horizonte will implement programs to promote social inclusion and improve services
WASHINGTON, June 17, 2013 – The World Bank Board of Directors has approved three loans for Brazil, that together reach the amount of US$500 million. The State of São Paulo and the municipalities of Rio de Janeiro and Belo Horizonte are the recipients of the loans and will implement special programs to promote sustainable social inclusion and improve services delivery, especially for the poorest population.
The São Paulo State Sustainable Transport Project will contribute to improve logistics and transport safety, while enhancing capacity in environmental and disaster risk management, in the State, Brazil’s industrial center and most populous, with 40 million people. While São Paulo’s transport infrastructure is among the best in Brazil, it requires continuous investment to foster Brazil’s competitiveness.