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São Paulo Governor announces partnership with World Bank agency to privatize Sabesp

On Wednesday (5), Tarcísio de Freitas, governor of São Paulo, announced a contract with IFC, an agency of the World Bank, to conduct studies on the possible privatization of Sabesp, the state sanitation company.

While participating in the Brazil Investment Forum, organized by Bradesco BBI, the governor highlighted his optimism about the company's privatization.

"I am optimistic about the privatization of Sabesp because the reasons are good."

"It is a company with a cost per person that is more than double that of a private enterprise."

"The cost of connection is more than double that of private . . .

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