📋 Tender Overview
E&S CATEGORY tooltip
B
COUNTRY
Brazil
SECTOR
Water and Sanitation
STATUS
Proposed
DISCLOSED DATE
03/07/2024
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
06/11/2024
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
BRK AMBIENTAL PARTICIPAÇÕES SA
INVESTMENT OPERATIONS DEPARTMENT CONTACT
N/A
INVESTMENT TYPE
Loan & Guarantee
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 49,883,300
CURRENCY
BRL
Project scope and objective
The project consists of designing, maintaining and operating the water and sewage system in the municipalities of Paço do Lumiar and São José de Ribamar, in the state of Maranhão. The aim, in addition to universal water distribution, is to achieve 90% sewage collection and treatment for approximately 328,000 people. The financial plan consists of an IDB Invest loan of up to R$ 500 million, of which R$ 250 million will be guaranteed by the French Development Agency (Proparco) with a term of up to 20 years.