BASIC INFORMATION
Company name
Águas Do Guamá Redes De Distribuição E Saneamento Spe, Ltda.
E&S category
B
Disclosed date
Projected board date
FINANCIAL SUMMARY
Financing Requested
Up to BRL $ 100,000,000
Financing Currency
BRL
Client
information
Name: José Luis Grande Salgado
Title: CFO Brasil
Telephone: +55 11 3663 3307 - +55 11 983901036
Email: jlgrande@copasabrasil.com.br
Project
Scope
and
Objective
The project consists of the execution of works and services aimed at increasing the capacity of water supply and the efficiency of the water production system to the population of two major regions in the city of Belem, Para (the “Project”). The Project was awarded through a public tender and awarded to the Company by the State of Para Sanitation Company (Cosanpa or the “Grantor”). The total Project costs are estimated to be R$ 303,956,000.
Environmental
and
Social
Review
Summary
Overview of Scope of IDB Invest E&S Review
The focus of the environmental and social review is to ensure that the Client’s operations in Brazil conform to the IDB Invest’s Sustainability Policy and, where appropriate, propose actions to close any potential compliance gap in the form of an Environmental and Social Action Plan (ESAP). The E&S review will examine the potential environmental and social impacts the Project may have on the city and residents of Belém, Brazil.
The IDB Invest E&S specialist conducted a short site visit from April 23rd to April 26th. The E&S specialist reviewed the projects key environmental and social management documents such as the Plano de Meio Ambiente.1 The local water board was consulted as well as a sample of business owners.
Contact Information
For project inquiries, including environmental and social questions related to an IDB Invest transaction please contact the client (see Investment Summary tab), or IDB Invest using the email requestinformation@idbinvest.org. As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org, or calling +1(202) 623-3952.
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