Loading...
Market
What will be the most significant challenge for São Paulo's Novo PAC mobility projects in 2025?
2
São Paulo•Tarcísio de Freitas•Ricardo Nunes•Novo PAC•Campinas•Lula•Brazil•Brazilian National Development Bank•BNDES
Resolution / Starting Odds
Funding issues • 25%
Technical challenges • 25%
Regulatory hurdles • 25%
Public opposition • 25%
Reports from BNDES, São Paulo government updates, or major news outlets
Story
Lula Signs R$ 10.65 Billion BNDES Contracts for Novo PAC Mobility Projects, Including Metro Expansion and Electric Buses
Nov 29, 2024, 01:38 PM
Brazilian President Luiz Inácio Lula da Silva met with São Paulo Governor Tarcísio de Freitas and São Paulo Mayor Ricardo Nunes to sign contracts worth R$ 10.65 billion for urban mobility projects in the state. The agreements, which are part of the Novo PAC initiative, include plans for metro expansion, a new viaduct complex, a train connection between São Paulo and Campinas, and the introduction of electric buses. Lula emphasized the importance of economic policy in distributing opportunities to Brazil's 210 million citizens during a recent event focused on the industrial sector and Brazil's role in the global market. The Brazilian National Development Bank (BNDES) is providing the funding for these projects, which aim to enhance the infrastructure and mobility in São Paulo.
View original story
Similar markets
Reduced Traffic Congestion • 25%
Increased Public Transport Use • 25%
Reduced Travel Time • 25%
Improved Air Quality • 25%
Technical issues • 25%
Regulatory hurdles • 25%
Public adoption • 25%
Infrastructure limitations • 25%
Weather conditions • 25%
Local regulations • 25%
Technical issues • 25%
Other • 25%
Metro Expansion • 25%
Intercity Train • 25%
Electric Buses • 25%
Rodoanel Highway • 25%
Technical issues • 25%
Budget constraints • 25%
Lack of training • 25%
Political resistance • 25%
Traffic congestion • 25%
Cultural adaptation • 25%
Technical issues • 25%
Regulatory hurdles • 25%
Public acceptance • 25%
Other • 25%
Regulatory issues • 25%
Technical difficulties • 25%
Market acceptance • 25%
Competitor actions • 25%
Homelessness • 25%
Crime • 25%
Economic Recovery • 25%
Political Opposition • 25%
Inflation • 25%
Unemployment • 25%
Fiscal policy • 25%
Other • 25%
Completed • 25%
Partially Completed • 25%
Not Started • 25%
In Progress • 25%
Weather-related delays • 25%
Supply chain issues • 25%
Labor shortages • 25%
No significant delays • 25%