November 19, 2020
Brazil's national development bank BNDES said it has signed an agreement with the Santa Catarina state government to structure a public-private partnership (PPP) to build and operate a new prison in the city of Blumenau.
"The project has the potential to be replicated in other places around the country, becoming the reference point for a new standard," the state-run lender said in a press release on Tuesday night.
The new complex for 3,000 male inmates will replace the existing prison in the cen
Brazilian development bank looks to create a "reference point" for similar projects with help from the IDB