Between 1998 and 2012, USD 417.8 billion in investments were announced for the state of São Paulo, according to a survey released by Fundação Seade on Wednesday (15). Of this, 56.5% (USD 235.9 billion) were to the infrastructure sector, particularly with regard to the transport sector.
Values reported for infrastructure more than tripled, from USD 11.8 billion in 2008 to USD 39.3 billion in 2012, and the share of infrastructure in the total grew from 49.7% to 65.7 %, informed Seade in a statement.
According to the foundation, in the 15 years accumulated amount, the largest amount of resources has been announced for the transportation sector (USD 107.2 billion), followed by energy (USD 67.4 billion), telecommunications (USD 35.2 billion) and sanitation (USD 26.2 billion).
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Almost 60% of the investments in infrastructure that period were announced by private companies (USD 141.3 billion), while the remaining 40% (USD 94.6 billion) are linked to state companies.
According to Seade, private companies provided USD 71.6 billion for transportation infrastructure in the period from 1998 to 2012. The largest investments could be found in auxiliary transport activities (USD 33.6 billion), comprising especially road concessions in São Paulo (USD 14.8 billion).
In that same period, public companies announced investments of USD 35.6 billion in transport infrastructure, especially the segment of land transport (USD 25.3 billion), with the expansion of the rail transportation network in the metropolitan area of São Paulo.
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