📋 Tender Overview
The Federal Government through the Ministry of Regional Development MDR approved the investment project of the guas de Juturnaba concessionaire in Rio de Janeiro in the area of basic sanitation as a priority . With this measure the company will be able to raise up to R155.09 million in the market for works to modernize and expand the water supply and sewage systems in the cities of Araruama Saquarema and Silva Jardim.The issuance of debentures has a less bureaucratic rite which helps to speed up fundraising and the implementation of infrastructure projects. Financing through federal programs that rely on contributions from the FGTS Fundo de Garantia do Tempo de Servio has a more extensive process due to legislation. So debentures have become a very important source for the continuity of structuring works highlights the Minister of Regional Development Daniel Ferreira.The project will benefit about 250 thousand people in the three cities of Rio de Janeiro with 136.1 thousand in Araruama 91.9 thousand in Saquarema and 21.7 thousand in Silva Jardim - in this third municipality the actions are in the second phase. Of the R155.09 million that may be raised R94.4 million will be for water supply and R56.6 million for sanitary sewage.The project in the water supply modality aims to increase the coverage rate of treated water from 99 to 99.6 of the urban population and reduce the percentage of losses in distribution from 31 to 28 by December 2026 .Interventions include the implementation of 14 km of water networks and 3270 building connections replacement of 14400 water meters the renovation of three reservoirs and the Juturnaba Water Treatment Station ETA the implementation of a 7 km pipeline the expansion of the Saquarema Water Supply System SAA with 16 km of networks and 4525 building connections the implementation of the Loss Control and Reduction Program and actions to promote energy efficiency and automation of SAAs.sanitary sewerIn the area of sanitary sewage the goal is to increase the coverage of sewage collection and treatment in the region from 78 to 86 by December 2026. The implementation of 52.8 km of collection networks 25.2 km of pumps 20 lifts and 1538 household connections in addition to improvements to the Caju Sewage Treatment Station ETE.Incentive debenturesDebentures are private fixed income securities that allow companies to raise money from investors to finance their projects. In the case of those with incentives the funds raised are necessarily used in infrastructure works and there is an exemption or reduction of Income Tax on profits obtained by investors. Under the MDR these titles are being used for urban mobility sewage and public lighting works.Since the mechanism started to be used in 2015 49 projects in the area of basic sanitation in 14 states of the country were authorized to raise funds through incentivized debentures of which 43 started the issuance process. Together 37 of these projects raised R7.3 billion in resources.This shows that the private sector has become more confident in doing business in Brazil and that incentivized debentures are an extremely effective alternative for expanding the capacity for investments in basic sanitation and also in urban mobility and public lighting says Minister Daniel Ferreira.