PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606411

Primary Business Area

Transaction Advisory

Disclosure Date

Jul 13, 2023

Country

Brazil

Region

Latin America and the Caribbean

IFC Approval Date

Nov 24, 2021

Status

Active

Estimated Total Budget

$4,056,708.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 14, 2023

Project Estimated Start Date

Jan 1, 2022

Project Estimated End Date

Dec 31, 2024

Project Description

IFC has been mandated by the State Government of Minas Gerais, through its state-owned development company CODEMGE, to structure and implement a competitive tender process for water and sewage concession(s) encompassing 96 municipalities in the northeast of the state, which are currently largely under the concession area of the state-owned utility COPASA or its subsidiary COPANOR.

Development Results

E&S Risks / Impacts and Mitigation