World Bank Supports Better Infrastructure and More Jobs in Bahia
Brazil, March 26 -- The World Bank's Board of Directors approved a new operation that will enhance economic competitiveness and job creation in the State of Bahia, Brazil. The package will support a broad set of policy reforms to close persistent infrastructure gaps, promote the state's digital transformation, and position Bahia at the forefront of Brazil's energy transition, boosting direct and indirect job creation.The operation includes a US$796 million loan from the World Bank. It is expected to benefit rural and urban residents across the state through reduced transport costs, improved commute times, safer and more reliable access to digital public services, improved rural electricity access, and expanded opportunities linked to clean ...
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