Rio de Janeiro Water & Sanitation Concession Project (NDB-riodejaneirowater038s)

  • Brazil
Geographic location where the impacts of the investment may be experienced.
Specific Location
State fo Rio de Janeiro
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 5, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
SPE Saneamento Rio 1 S.A. (AR1) and SPE Saneamento Rio 4 S.A. (AR4)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 11.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Aug 27, 2022

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.


To improve the penetration of the Water and Sanitation Services (WSS) in Brazil, a new regulatory framework was approved in 2020. Under the framework, the country is targeting to achieve universalization of water and sewage services (99% access to water supply and 90% connection to sewage network) for the entire Brazilian population by 2033. An international competitive bidding process was held in April 2021 to grant four WSS concessions in the city of Rio de Janeiro (State of Rio de Janeiro), Brazil, which became the largest WSS concession auction in Brazilian history. The Project relates to the financing of two of such WSS concessions.


The Project will support the Borrowers to achieve their obligations under the concession contracts, expanding WSS infrastructure in 27 cities in Rio de Janeiro State, including 124 districts in Rio de Janeiro city, and contributing to the achievement of the universalization objectives defined under the new regulatory framework. Moreover, the Project will also help in bringing down water losses and other inefficiencies experienced by the prevailing WSS infrastructure in the concession area. And, by expanding access to basic water and sanitation services in the region, the Project ultimately aims to significantly improve life conditions of the population of the concession areas.


The Borrowers will improve and expand the existing WSS infrastructure in two separate geographical locations--(i) Block 1 (concession awarded to AR1 which comprises 18 municipalities and certain parts of Rio de Janeiro); and (ii) Block 4 (concession awarded to AR4 which comprises 8 municipalities and certain other parts of Rio de Janeiro). The Project entails capital expenditures in the areas of (i) water services infrastructure: construction of reservoirs, pumping stations, distribution network, new connections and other auxiliary facilities; (ii) sewage services infrastructure: dry weather collectors, waste water treatment plants, waste water collection network, waste water pumping stations; and (iii) commercial and other improvements: installation and replacement of hydrometers, monitoring, and fraud detection systems.

Investment Description
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Contact Information
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