Sao Paulo launches a US$667 million housing PPP

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Sao Paulo launches a US$667 million housing PPP

This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.

Sao Paulo has launched a tender process to develop a US$691.8m social housing project which involves building more than 10,000 affordable homes in the state’s capital city.

The Fazenda Albor social PPP project comprises the construction and management of 13,100 homes in the cities of Guarulhos, Arujá and Itaquaquecetuba, in Sao Paulo. The project will be implemented in an area of ​​2.8 million m².

The concessionaire will invest approximately BRL2.1 billion (US$667 million) in the project, which has a concession period of 25 years.

The project also includes the development of kindergartens, schools, medical centers and community centers.

In July 2016, the State started the public consultation process to carry out the project. In October 2015, we reported that São Paulo authorized a total of eight consultants to participate in the advisory tender process for the project. The Expression of Interest (EOI) for the consultant services was launched in August 2015.

Among the authorized groups were: MRV Engenharia e Participações S.A., Andrade Gutierrez, and the Instituto de Urbanismo e Estudos para a Metrópole (URBEM).

Guarulhos is the second most populous city in the Brazilian state of São Paulo, the 13th most populous city in Brazil, and the 53rd most populous on the continent, with 1.32 million inhabitants. It is part of the Metropolitan Region of São Paulo.

The project is the second housing initiative of the State of São Paulo, which in 2015 celebrated the PPP of Casa Paulista.

List of country news

Country news

  • April 10, 2017

    Petrobas sells NTS to Brookfield

    Petróleo Brasileiro S.A. – Petrobras has announced it has concluded the sale transaction of 90% of the company's shares in Nova Transportadora do Sudeste (NTS) to Nova Infraestrutura Fundo de Investimentos em Participações (FIP), managed by Brookfield Brasil Asset Management Investmentos Ltda, an entity affiliated with Brookfield Asset Management.

    Read more
  • March 27, 2017

    São Paulo awards airport package

    The consortium Voa São Paulo has been awarded the concession contract to operate five airports in São Paulo, Brazil. The company offered a bid of BRL24.4 million (US$7.8 million) which represents a 101% of the minimum award amount.

    Read more
  • March 21, 2017

    Brazil awards European groups airport concessions

    ANAC (Agência Nacional de Aviação Civil) has announced that Flughafen Zürich AGVINCI Airports and Fraport AG have won rights to four Brazlian airports.

    Read more
  • March 20, 2017

    ARTESP awards Sao Paulo road PPP

    Sao Paulo's Agência Reguladora de Serviços Públicos (ARTESP) has awarded to Pátria Investimentos the concession contract for the Rodovias Centro-Oeste Paulista project in São Paulo (Brazil).

    Read more
  • February 27, 2017

    Two bidders announced for Sao Paulo road PPP

    Ecorodovias Infraestrutura e Logística S.A. and Pátria Investimentos have emerged as the only two companies to present bids for the BRL3.9 billion (US$1.26 billion) Rodovias Centro-Oeste Paulista project in São Paulo (Brazil).

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.