Rio Government Pledges R$32 Billion Investments in Water and Sewage Company

The governor will meet with mayors in the coming weeks to discuss the bills that need to be approved in order to proceed with the concession model.

RIO DE JANEIRO, BRAZIL - Rio Governor Wilson Witzel took part in a working meeting with representatives of the National Bank for Economic and Social Development (BNDES) on the State Water and Sewage Company (CEDAE) concession, on Friday, January 17th, at Guanabara Palace.

The meeting discussed the main measures and deadlines for CEDAE's concession, which should be effected this year, to guarantee investments of R$32 (US$8) billion for the coming years. Starting in February, BNDES has begun a round of visits to investors abroad to attract potential CEDAE stakeholders.

"I reiterate the State Government's commitment to effecting . . .

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