World Bank Invests $120 Million to Boost Jobs Through Infrastructure, Agriculture and Tourism
The World Bank has approved a major development project in Brazil's Tocantins state that combines investments in transport, agriculture, and tourism to create thousands of jobs while building climate resilience. This initiative demonstrates how strategic investments in multiple sectors can drive employment growth and economic development.
Project Overview and Funding
The project includes a US$120 million loan from the World Bank, complemented by US$30 million from the State of Tocantins and an estimated US$7.7 million in private capital mobilization. By combining these resources, the project aims to expand economic opportunities while addressing climate challenges.
Key Development Pillars Creating Employment Opportunities
Road Infrastructure Development
The project will rehabilitate and maintain 746 km of paved state roads under performance-based contracts. This includes targeted road safety improvements and support for Tocantins' first road public-private partnerships (PPPs). Improved connectivity is expected to create jobs in construction, maintenance, and transportation sectors.
Family Farming Support
The initiative will provide expanded rural extension services and climate-smart agriculture support for 12,000 family farmers, including women-led, youth, Indigenous, and Quilombola producers. Matching grants and productive alliances will help these farmers access new markets and create sustainable agricultural jobs.
Tourism Development in Jalapão Region
Investments will strengthen planning and small-scale infrastructure while supporting micro businesses and Quilombola communities through training, mentoring, and competitive grants. This approach aims to create inclusive tourism jobs that benefit local communities.
Leadership Perspectives on Job Creation
"This project consolidates a partnership of more than 20 years with the World Bank and marks a new chapter in the state's development," stated Wanderlei Barbosa, Governor of Tocantins. "Beyond investments in road infrastructure, the project expands its reach by strengthening family farming and inclusive tourism. This initiative will generate jobs and income, promote the productive inclusion of women, youth, and quilombola communities, and drive sustainable growth across all regions of Tocantins."
Cécile Fruman, World Bank Country Director for Brazil, added: "Tocantins has strong potential to create quality jobs while protecting its natural and productive assets. By linking safer and more resilient roads with climate-smart agriculture and inclusive tourism, this project supports a development model that expands opportunities for women, youth, family farmers, and traditional communities, while strengthening the state's long-term competitiveness."
Implementation and Expected Impact
The project will be implemented over eight years and is expected to create thousands of direct and indirect jobs across transport, agriculture, and tourism sectors. Project management will be coordinated by the State Secretariat for Planning and Budget (SEPLAN), ensuring proper implementation, monitoring, and evaluation.
This comprehensive approach demonstrates how strategic investments in multiple economic sectors can create sustainable employment opportunities while addressing climate resilience and social inclusion challenges.
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