The financing institution, BRK Ambiental and BID Invest, a member of the Inter-American Development Bank Group, have signed a financing agreement for the expansion of the sanitation services infrastructure in 15 municipalities in the Metropolitan Region of Recife.
The agreement in the amount of BRL 350 million (US$89 million), announced on December 2018, had an increase of BRL 92 million (US$23 million) at the end of the negotiation, totaling BRL 442 million (US$112.5 million) for expansion of the sewage system of the Metropolitan Region of Recife.
The project is the first BID Invest financing for a sanitation sector project in Brazil, in which it is the largest Public Private Partnership (PPP) being operated in the country, between BRK Ambiental and Compesa (Companhia Pernambucana de Saneamento).
Country updates
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April 22, 2019
Brazil to launch auction three port concessions
The Federal Government of Brazil will launch the auction of the concessions of three port terminals. Two of the terminals are in Santos port and are used for fuels, fertilizers, and salt. T...
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April 17, 2019
Brazil mulls concession of Itajaí port
The Federal Government of Brazil is considering the concession of the Itajaí port, located in the southern state of Santa Catarina, to private developers. Currently, the port i...
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April 08, 2019
Rio Grande do Sul launches multi-million P3 program
The Government of Rio Grande do Sul has launched the ¨¨RS Parcerias¨ P3 program with the aim to stimulate concessions and PPP projects in the state. The first four projects presente...
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April 05, 2019
Brasilia to build LRT PPP project
Brazilian capital Brasilia is set to build a light rail transit system project along W3 Avenue. The Transport and Mobility Secretariat (Secretaria de Estado de Mobilidade do Distrito Federal, SEMOB) h...
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April 03, 2019
SAC/ANAC launches industry consultation to improve Concession Process for Round 6
The Special Secretariat of the Investments Partnerships Program (SPPI), jointly with the National Secretariat of Civil Aviation of the Ministry of Infrastructure (SAC/MINFRA) and the National Civil Av...
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