Pará seeks to benefit from mining investment
In spite of its geographical spread, Pará is an economic minnow that is just waking up to its potential as a mining and agricultural powerhouse. There are multi-billion dollar plans to exploit the state’s raw materials, build infrastructure and develop a supply chain that can generate employment and promote prosperity.
Much of the funding has been drawn from the private sector, with private investments of more than $50bn (R$79bn, £31bn, €35bn) scheduled to come into effect between 2010 and 2014.
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