World Bank Director for Brazil Erivaldo Alfredo Gomez confirmed the institution’s interest in financing the Promobis (Integrated and Sustainable Mobility Project), which includes the construction of an underwater tunnel between the municipalities of Itajaí and Navegantes.
In total, the investment is expected to be US$120 million from government resources, of which US$90 million will come from the World Bank and US$30 million from the financing partner, with payments over 25 years and a five-year grace period. .
Promobis’ technical studies were already approved by the World Bank board in February last year.
According to State Representative Ivan Naatz (LP), who was on a study and exchange mission to the United States and spoke with a representative of the World Bank, the approval of enabling laws for this unprecedented project of financing and management of the consortium is now approaching. Municipal Chamber of the region.
Subsequently, it will also have to be approved by the National Treasury and the Federal Senate, since it is international funding.
The World Bank has also signaled funding for a Regional Public Transport System that will integrate and connect 11 municipalities in the Foz do Rio Itajaí region using electric vehicles.