Temer requests approval for a US$105 million loan from ACM Neto.
Michel Temer called Mayor ACM Neto (DEM) to say that he had sent a message to the Senate requesting approval and endorsement from the federal government for a US$105 million loan from the Inter-American Development Bank (IDB) to the City of Salvador for tourism infrastructure projects, such as the requalification of Avenida Sete de Setembro and sections of the coastline between Stella Maris, Flamengo, and Ipitanga; the mayor said that the message sent to the Senate "is fundamental for the loan disbursement contract to be signed."
Bahia 247 - Michel Temer called Mayor ACM Neto (DEM) this Wednesday (8) to say that he had sent a message to the Senate requesting the approval and endorsement of the Union for a US$105 million loan from the Inter-American Development Bank (IDB) to the City of Salvador for tourist infrastructure works, such as the requalification of Avenida Sete de Setembro (between Campo Grande and Praça da Sé) and sections of the waterfront between Stella Maris, Flamengo and Ipitanga.
The resources are allocated under the National Tourism Development Program (Prodetur).
The mayor, who was in Brasília this week, said that the message sent to the Senate "is fundamental for the loan release contract to be signed." "I am very happy because we managed to fulfill all the commitments and Salvador will be the first municipality to receive funds directly from the bank in the country, through Prodetur," said ACM Neto.
The Democrat also states that, as an integral part of the revitalization efforts for Avenida Sete de Setembro, which celebrated its centenary in 2015, the city government has already completed the project for another phase of interventions in one of the city's most important commercial areas.