São Paulo Government Authorizes Hiring of Study to Assess and Initiate Privatization of Sabesp

Written by Bruno Teles

Published on 01/03/2023 at 14:53

Privatização da Sabesp (Foto/divulgação)

Seja o primeiro a reagir!

The Board of Directors of the State Privatization Program of São Paulo Approved the Studies on the Privatization of Sabesp (SBSP3), According to the Company and the State Government.

This decision regarding the privatization of Sabesp is viewed positively by Credit Suisse, as it means the process continues to advance. The next steps include completing the studies for privatization, negotiating new contracts, and calculating the value of the company.

It is an important achievement that brings relief to all those who believe in the privatization of this São Paulo company, paving the way for future stability and prosperity.

Study for Privatization of Sabesp (SBSP3) Begins in March, Rafael Benini Participates in the São Paulo Global Forum

The Secretariat for Partnerships and Investments of the State of São Paulo corrected on Monday, 27, the information previously disclosed by the Secretary of the Department, Rafael Benini, that the studies for the privatization of Sabesp (SBSP3) would be ready by the end of March. According to the Secretariat, the studies began this month of March.

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Sabesp

The Basic Sanitation Company of the State of São Paulo – Sabesp was founded in 1973 and is responsible for providing water supply and sewage services to 371 of the 645 municipalities in São Paulo. According to the 2004/2005 edition of the Masons Water Yearbook, it was ranked sixth among the largest global operators.

The privatization of Sabesp will begin, but it is important to remember that Sabesp is a Brazilian company holding the concession for public basic sanitation services in the State of São Paulo, with its main shareholder being the state government. It emerged from the merger of the companies Comasp, Sanesp, Saec, Fesb, and Sanevale, as well as from the autarchy SBS – Saneamento da Baixada Santista. Thus, it also inherits the former CCAA – Companhia Cantareira de Água e Esgotos (1877) and RAE – Repartição de Águas e Esgoto (1883).

Sabesp has played a fundamental role in ensuring the human right to potable water for the inhabitants of the State of São Paulo. It is important to highlight that even faced with criticism during the water crisis, it continues to work tirelessly to provide adequate and sustainable services to the population.

São Paulo Government Authorizes Hiring of Study to Assess and Initiate Privatization of Sabesp

The Board of Directors of the State Privatization Program of São Paulo Approved the Studies on the Privatization of Sabesp (SBSP3), According to the Company and the State Government.

Study for Privatization of Sabesp (SBSP3) Begins in March, Rafael Benini Participates in the São Paulo Global Forum

Sabesp

The State Government of São Paulo Begins the Process for the Privatization of Sabesp

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São Paulo Government Authorizes Hiring of Study to Assess and Initiate Privatization of Sabesp

The Board of Directors of the State Privatization Program of São Paulo Approved the Studies on the Privatization of Sabesp (SBSP3), According to the Company and the State Government.

Study for Privatization of Sabesp (SBSP3) Begins in March, Rafael Benini Participates in the São Paulo Global Forum

Sabesp

The State Government of São Paulo Begins the Process for the Privatization of Sabesp

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An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

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Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

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