Regulatory News

The Brazilian Senate approved the new legal framework for basic sanitation in the country. The measure, which will now be analyzed by the government, may open more space for private agents.

The estimate is that approximately R$700 billion in investments will be needed by 2033 to reduce the sanitary deficit in Brazil, where around 100 million people do not have a sewage service and 35 million do not have access to drinking water.

The text includes bids for the contracting of water and sewage companies, which opens the way for private initiative in the sector. This will now be competitive on equal terms with state-owned companies. The approved project foresees goals for the universalization of water and sewage services for the bid winners.

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