Private sector gains ground in sanitation services

The auction of concessions by Rio de Janeiro’s state sanitation company Cedae, concluded Friday, drastically changes the panorama of basic sanitation in Brazil, with an increase of 32% in population benefited by private-sector investments. Disbursements committed by private-sector companies for basic sanitation projects in the country jumps to more than R$75 billion from almost R$48 billion. Held at stock exchange B3, the Cedae bidding ended with a total collection of R$22.7 billion in fixed concession payments and contracted investments of R$27.1 billion. Aegea Saneamento was the main winner, taking two of the three lots auctioned.

Source: Valor international