The country should generate 70 megawatts of electricity by 2016 and two gigawatts by 2030. The project includes solar, wind and photovoltaic energy and is in the tendering phase.
Author: From the Newsroom
According to the International Monetary Fund, the country is being successful in its quest for a balanced budget, but debt-ridden Dubai may hamper medium-term performance.
The competition is turned to youths aged 9 to 25. The winners will travel to New York to present their work. Enrolment goes on to June 30th.
Five cities are presenting their projects in Paris. Brazil’s vice president Michel Temer, São Paulo state governor Geraldo Alckmin and São Paulo city mayor Fernando Haddad will outline the Brazilian bid.
Ship União will replace Constituição in the lead of the UN maritime taskforce in the Arab country. The ship has performed the same task from October 2011 to July 2012.
The furniture and decoration fair that was promoted in late May, in Dubai, also generated potential business of US$ 2.2 million over the next twelve months. Eight Brazilian companies participated in the event.
The IMF board has approved a US$ 1.74 billion loan agreement made in April. As a result, the country can withdraw a US$ 150.2 million instalment.
The Egyptian Planning minister, Amr Darrag, stated that the US$ 4.8 billion deal should be confirmed in late June. The country’s counterpart forecasts greater taxes.
Salem Nasser, president of the Icarabe, will speak on uprisings and the future outlook in Arab countries. The event will take place on Saturday (8th) at 4:00 pm in São Paulo.
The volume turned to financing climbed 16.6%, to R$ 21 billion (US$ 10 billion). Families with income of up to R$ 360,000 (US$ 180,000) may have access to the credit.
OECD and FAO estimate that activity in agriculture will be up 1.5% a year on average in the next ten years, as against 2.1% from 2003 to 2012.
Figures disclosed by the Ubabef show that in May, sector exports totalled US$ 766.4 million, 6% more than in the same month in 2012. The volume shipped was 8.3% lower.
The country is aiming to produce up to 60,000 barrels of the commodity per day in 2017. By 2030, production capacity may reach 270,000 barrels per day.
Spending with new buildings and expansion of existing ones totalled US$ 908.9 million in 2012, 2.1% more than in 2011. In the maintenance of existing buildings, spending rose 28.9%.
