... complete cost of Tucuruí was US $7.5 billion, this total exhibiting a 77% cost overrun. The people of Pará State perceived an association between hydropower and shipping as a chance to stimulate the local economy. One must note that fundamentally, the social and political receptivity to the Tucuruí hydropower complex at the regional level rested on the prospect of linking the two sectors. However, the locals are yet to see this prospect in action. The construction of the locks was hobbled by a shortage of funding, and ground to a halt in 1989, the remaining parts for the lock system were said to be completed with Phase II of the project. Yet uncertainty loiters over Phase II construction schedule, with relation to the building of the locks. Additionally, although the communities around the area of the complex anticipated that the project would stimulate the development of the region, shockingly they ...

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