The Government of Rio Grande do Sul in Brazil has launched a tender notice seeking a private partner for the Erechim prison complex PPP project.
The selected private partner will be responsible for the construction, equipping and maintenance of a model prison complex with at least 1,200 spaces in two closed units with 600 spaces each. It is estimated to attract BRL150 million (US$28.03 million) in investments within the first two years of its 35 years long concession period.
The deadline to submit the response is September 12, 2022. The auction for the project will be held on September 15, 2022. For more information about this tender, please visit our business opportunities page here.