Brazil’s new sanitation law set to boost investment
- From: Vol 8, Issue 1 (January 2007)
- Category: General
- Region: Americas
- Country: Brazil
- Related Companies: Sabesp
Tax breaks, concession rights and cheaper finance: John Kolodziejski gets to grips with the new legislation.
Brazil’s Congress passed the long-awaited law on basic sanitation (Lei de Saneamento Basico) on 12 December, which was subsequently ratified by President Lula da Silva on 5 January. The law had been debated for some 20 years, but its scenario-shifting impact was illustrated by the steep rise in water-related shares (Sabesp, Copasa and Sanepar).
Carlos Henrique da Cruz Lima ...
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