Author: From the Newsroom

São Paulo state governor Geraldo Alckmin sanctioned the bill on Wednesday (20). The objective of the program is to attract private funds for projects of public interest, being paid back by the state. Guarantees against the state going default are the differential. As ANBA informed in January, the government hopes to receive US$ 2.5 billion in private investment up to 2007. Half of these funds are expected to come from foreign sources, believes state Planning secretary Andrea Calabi.

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