The program was launched on January 28, 2007, by the Lula da Silva administration, consisting of a set of economic policies and investment projects with the objective of accelerating economic growth in Brazil.

Following the 2022 Brazilian general election, Luiz Inácio Lula da Silva reformed the program under the name Novo PAC, having a total investment of R$1.7 trillion, with R$1.3 trillion being invested by 2026.

[2][3] The Growth Acceleration Program forecasts investments by the Federal government, state enterprises and the private sector in construction, sanitation, energy, transport and logistics.

PAC 2 had a budget of R$1.59 trillion, and focused on the development of social and infrastructure sectors such as transportation, energy, health care, culture, and housing.

[7] The new program has a focus on investments in infrastructure and social areas such as healthcare, education, sustainability, and transportation.