[Brazil] - Lula announces US$ 120 million for building and construction of new Mercosur University in IguaƧu

INSUBCONTINENT EXCLUSIVE:
in a ceremony to resume the construction of the Unila (Federal University of Latin American Integration) campus.Itaipu Binacional, a joint
venture between Brazil and Paraguay, will allocate R$600 (US$120) million to the project, utilizing land donated by the company adjacent to
the power plant.Enio Verri, the Brazilian general director of Itaipu, nominated by Lula earlier this year, will also be present at the
during the ceremony.President Lula established Unila during his second term in January 2010.However, construction was halted in 2014, with
only 41.58% of the work completed
The new deadline for completion is set at three years.The university operates temporarily within the Itaipu Technology Park, hosting
approximately 200 students from Brazil, Paraguay, Uruguay, and Argentina, the Mercosur member countries.Renowned architect Oscar Niemeyer
designed the university campus, his last project before his death in 2012.Itaipu conducted a study to assess the conditions for resuming
construction
The upcoming phase will focus on constructing the 18-story main building, classrooms, a restaurant, and other common-use structures.During
the ceremony, Itaipu will also announce a R$17 million transfer for the purchase of equipment and furniture for 278 schools in western