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Araguaia Saneamento

Sector: Water Supply and Storage • Location: Brazil

Source: World Bank Group

Project
Active

In March 2014, the Brazilian company Newco Hidroforte Saneamento Ltda was awarded the 30-year concession contract to expand, rehabilitate and operate the water and sewerage facilities of four municipalities located at the state of Para: Sao Joao do Araguaia, Bom Jesus do Tocantins, Santana do Araguaia and Sao Domingos do Araguaia. The contract was awarded by the municipalities, and the investments

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The project “Araguaia Saneamento” is an infrastructure initiative in the Water Supply and Storage sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

active

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Description

Description

In March 2014, the Brazilian company Newco Hidroforte Saneamento Ltda was awarded the 30-year concession contract to expand, rehabilitate and operate the water and sewerage facilities of four municipalities located at the state of Para: Sao Joao do Araguaia, Bom Jesus do Tocantins, Santana do Araguaia and Sao Domingos do Araguaia. The contract was awarded by the municipalities, and the investments were set to benefit a population of 53,924. The bidding criteria was the lowest rate, but the names of other bidders was not available. The private sponsor took over the operations of the water and sewerage services in June 2014. In December 2014, Odebrecht Ambiental acquired 100% of Newco Hidroforte's shares and transferred its assets and liabilities to a newly established company Odebrecht Ambiental – Araguaia Saneamento S.A. The total investment in the project was estimated at US$ 25.4 million (BRL 80.88 million).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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