São Paulo will grant Guarapiranga Park to the private sector

Guarapiranga was granted to the private sector (Rovena Rosa/Agência Brasil)

the municipality of Sao Paulo launched two proposals to requalify the edge of the dam of Guarapiranga, in the southern part of the city. The objective is to encourage ecological and nautical tourism in the region.

One of the proposals foresees the concession, to the private sector, of seven parks on the edge of Guarapiranga: Guarapiranga, Barragem da Guarapiranga, Praia do Sol, Linear Castelo, Linear Nove de Julho, Linear São José and the new Praia São Paulo park.

The exploration period is 25 years. Investments for the recovery of the environmental heritage of parks, paths, buildings, furniture and signage will have to be performed within the first 48 months. The concessionaire also will have to build nautical piers to facilitate access to the parks for those who come through the dam.

According to the city hall, the future responsible person will have to invest around R$ 21 million, in addition to the R$ 468 million projected for funding over the 25 years of operation. The municipality will keep 1% to 6% of the revenues, depending on the revenue.

yacht club

The other proposal provides a Public-Private Partnership (PPP) to manage the Santa Paula Iate Clube. The company that manages the club will have to renovate and reactivate the nautical complex that, according to the city hall, It has been abandoned since the 1980s.

THE PPP will have a term of 30 years and will involve investments of R$129 million, in addition to operating costs of approximately R$393 million provided for the term of the partnership. The city hall will have a counterpart of R$ 9.5 million per year and will make a contribution of R$ 60 million related to the execution of the works. Revenue share can be between 1% and 9.5%.

Source: Moneytimes

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