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06.25.08
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BNDES invest R$ 86.5m in social and urban infrastructure in the Northeast
BNDES will provide R$ 86.5m for social and urban infrastructure in the Northeast. Contracts were signed on Tuesday, 24, at Palácio do Planalto, in Brasília, with the presence of President Luiz Inácio Lula da Silva. A R$ 61m loan will be assigned to Mangue Expressway project, in Recife (Pernambuco), and R$ 25.55m for Vila-Bairro project, in Teresina (Piauí).
The main focus of Mangue Expressway project, in the city of Recife, is to improve road traffic in the south of the city, by building an expressway connecting downtown to the cities of Jaboatão dos Guararapes, Cabo de Santo Agostinho (densely populated commuter towns) and Ipojuca (where Suape Port is located). Popular houses will be built and sanitation works will be developed. The total amount of the investment is R$ 165 million, and BNDES’ financial support may reach R$ 120 million, and R$ 61m have already been contracted.
Mangue Expressway was designed to connect the districts of Boa Viagem and Pina, along Parque dos Manguezais. Traffic studies forecast that nearly 50% of the traffic between the initial and final stretches of the road, representing nearly 60 thousand vehicles/day. The road system proposed will also serve as a physical protection for the local mangrove, which is currently under a degrading process.
Expenses with popular housing interventions must amount to R$ 31,9m. Around 1.120 households living in poor housing conditions will be taken out of the area around the mangrove. They will be taken to three real estate developments provided with proper sanitation infrastructure (sewage collection, treatment and final destination), access, public lighting urban equipment.
The construction works are expected to be completed in 36 months and will serve 15,4 thousand households. This project is expected to contribute to revert the environmental degradation process observed in the region, and reduce the amount of slums.
Teresina - The city of Teresina, Piauí, will also be benefited with BNDES investments. The Vila-Bairro project will transform city slums into urbanized districts. The project proposes improvements to people’s life conditions and raise their awareness about the need to protect the environment.
For physical and social infrastructure, R$ 25,5m will be assigned. The project covers the construction more than one thousand housing units, paving, sanitary sewage, water and power supply system, construction works for risk areas, construction of squares and soccer fields. The project also covers social works with educational campaigns (environmental and sanitary) and training courses.
The funds granted by BNDES are classified under the credit facilities focused on Projetos Multisetoriais Integrados Urbanos (Urban Integrated Projects - PMI). The constructions must be completed in 36 months and 1.065 households will be benefited.

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