Brazil to invest $1.2bn in favela areas in Rio de Janeiro

InvestmentinFavelasRiodeJaneiro

Dilma Rousseff, President of Brazil, has announced an investment of more than $1.2 bn (£770m) to be spent in the favelas, or shanty towns, in the city of Rio de Janeiro.

Ms Rouseff said the money would be spent improving three areas – Rocinha, Jacarezinho and the Lins complex so that they can be better integrated with the rest of the city. This comes as Rio prepares the city to host the 2016 Olympic Games.

Sewage and water facilities are often scarce in most Brazilian favelas and access to utilities is poor.

These investments are part of the Growth Acceleration Programme (PAC) launched by Ms Rousseff’s predecessor, Luiz Inacio Lula da Silva.

Ms Rousseff has implemented the $742bn second phase, PAC 2, which focuses on six major initiatives – “better city”, “citizen community”; “my house, my life”; “water and light for all”; transportation and energy.

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