Superintendência de Desenvolvimento da Amazônia
Encyclopedia
Superintendência de Desenvolvimento da Amazônia (SUDAM) — the Superintendency of Development for the Amazon — was a local authority of the federal government of Brazil
aiming to promote the development of the Amazon region by creating special financial and tax incentives. It has been defunct since 2001 owing to allegations of corruption and massive embezzlement.
in 1953. The SPVEA also had the objective of developing the Amazon region.
On August 24, 2001, President Fernando Henrique Cardoso
, in Interim Measure No. 2.157-5, abolished SUDAM, thanks to the numerous allegations of corruption surrounding the organization. (Reportedly nearly 2 billion dollars were stolen from SUDAM.) In its place, he created by the Amazon Development Agency (Agência de Desenvolvimento da Amazônia, the ADA). The ADA is responsible for the management of development programs relating to the Legal Amazon region.
In August 2003, President Luiz Inácio Lula da Silva
, announced the recreation of SUDAM.
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
aiming to promote the development of the Amazon region by creating special financial and tax incentives. It has been defunct since 2001 owing to allegations of corruption and massive embezzlement.
History
SUDAM was established in 1966 during the government of Humberto de Alencar Castello Branco. Its purpose was to promote the development of the Amazon region, creating special financial and tax incentives to attract private investors, national and international. SUDAM replaced another municipality called the Superintendency of Economic Recovery Plan of the Amazon (Superintendência do Plano de Valorização Econômica da Amazônia, the SPVEA), created by Getúlio VargasGetúlio Vargas
Getúlio Dornelles Vargas served as President of Brazil, first as dictator, from 1930 to 1945, and in a democratically elected term from 1951 until his suicide in 1954. Vargas led Brazil for 18 years, the most for any President, and second in Brazilian history to Emperor Pedro II...
in 1953. The SPVEA also had the objective of developing the Amazon region.
On August 24, 2001, President Fernando Henrique Cardoso
Fernando Henrique Cardoso
Fernando Henrique Cardoso – also known by his initials FHC – was the 34th President of the Federative Republic of Brazil for two terms from January 1, 1995 to December 31, 2002. He is an accomplished sociologist, professor and politician...
, in Interim Measure No. 2.157-5, abolished SUDAM, thanks to the numerous allegations of corruption surrounding the organization. (Reportedly nearly 2 billion dollars were stolen from SUDAM.) In its place, he created by the Amazon Development Agency (Agência de Desenvolvimento da Amazônia, the ADA). The ADA is responsible for the management of development programs relating to the Legal Amazon region.
In August 2003, President Luiz Inácio Lula da Silva
Luiz Inácio Lula da Silva
Luiz Inácio Lula da Silva , known popularly as Lula, served as the 35th President of Brazil from 2003 to 2010.A founding member of the Workers' Party , he ran for President three times unsuccessfully, first in the 1989 election. Lula achieved victory in the 2002 election, and was inaugurated as...
, announced the recreation of SUDAM.
External links
- SUDAM: A New Transparent and Democratic SUDAM, announcement (August 25, 2003) of the recreation of SUDAM
- Agência de Desenvolvimento da Amazônia (ADA) Website