Investment Opportunities in Infrastructure Projects in Brazil

Transcription

1 Investment Opportunities in Infrastructure Projects in Brazil Summary 1. Airports 2. Ports 3. Highways 4. Railways 5. Urban Transportation 6. Hospitals 7. Defense 8. Solid Waste and Sanitation 9. Other Projects

2 1. Airports Since 2011, Brazil s civil aviation regulatory authority, ANAC, has privatized a number of airports in order to improve the quality of airport services and infrastructure, as well as to expand the number of flights offered. Four airports have already been privatized, three of which are very important to the national economy: São Paulo s Guarulhos international airport, the Viracopos cargo airport in Campinas, and the international airport in Brazil s capital, Brasília. Two additional important airports are expected to be put to bid for purposes of maintenance and expansion of passenger and cargo capacity: Rio de Janeiro s Galeão international airport and Belo Horizonte s Confins international airport. The criterion for bids for airport concessions is the highest fee offered to be paid for the right to perform the work. Key terms are included hereafter: Project Five regional airports in the State of São Paulo Amount of Agreement Term of Concession Object of Concession determined 30 years Concession for the operation and management of airports located in the cities of Jundiaí, Ubatuba, Campinas, Bragança Paulista, and Itanhaém. Status of bid procedure

3 2. Ports The Brazilian port sector has been subject to a number of changes since 2012, including significant reforms brought about by Federal Law No. 12,815/2013 ( Port Law ), in order to modernize Brazil s ports, as well to promote more competition. With the Port Law, the Government has undertaken studies of public bids for more than 150 public ports in Brazil, which will be conducted by the Special Secretariat of Ports ( SEP ) in conjunction with Brazil s development bank, BNDES. Recently, Brazil s waterway transportation regulator, ANTAQ, announced that terminals in the Port of Santos, State of São Paulo, and ports in the State of Pará will be the first block of terminals to be put to bid in 2013 under the Port Law. The bid documents are expected to be issued by October, and bids may occur before the end of the year. The second block includes ports in Paranaguá, in the State of Paraná, and Salvador and Aratu, in the State of Bahia. The third block includes ports in Suape, in the State of Pernambuco, Itaqui, in the State of Maranhão, and other ports in the north and northeast of Brazil. The fourth block consists of port terminals in Vitória, in the State of Espírito Santo, Rio de Janeiro and Itaguaí, in the State of Rio de Janeiro, Itajaí and São Francisco do Sul, in the State of Santa Catarina, and Rio Grande, in the State of Rio Grande do Sul) For new bids under the Port Law, highest cargo traffic and lowest tariff have been adopted as the bid criteria for the granting of new concessions and leases, instead of the value of the award criterion. Notwithstanding the foregoing, investors are not limited to investing in ports via public bids: if an area is outside a public port area, it is now possible to develop and operate private use terminals ( TUPs ), which may henceforth be developed and operated pursuant to authorizations preceded by public calls (chamadas públicas). Large pending projects include:

4 Project Concession for port areas of the 1st block. Concession for port areas of the 2nd block. Concession for port areas of the 3rd block. Amount involved in Agreement Term of Concession 25 years 25 years 25 years Object of Concession Concession for port areas located in Port of Santos (SP) and Ports of State of Pará. Concession for port areas located in Ports of Paranaguá (PR), Salvador (BA) and Aratu (BA). Concession for port areas located in Ports of Suape (PE), Itaqui (MA), Maceió (AL), Natal (RN), Fortaleza (CE) and Recife (PE). Status of bid procedure Concession for port areas of the 4th block. Port Terminal in the State of Rio de Janeiro Port Passenger Terminal of Salvador 25 years R$ 379 million 25 years R$ 363 million 25 years Concession for port areas located in Vitória (ES), Rio de Janeiro and Itaguaí (RJ), Itajaí and São Francisco do Sul (SC), and Rio Grande (RS). Leases of port areas located in the Port of Rio de Janeiro Leases of port areas for maintenance and operation of port infrastructure to support the loading, unloading and passenger traffic in the Port Passenger Terminal of Salvador. Tender documents available for comments until November 27, Tender documents available for comments until December 17, 2014.

5 Port Passenger Terminal of Recife R$ 201 million 25 years Leases of port areas for maintenance and operation of port infrastructure to support the loading, unloading and passenger traffic in the Port Passenger Terminal of Recife. Tender documents available for comments until December 17, 2014.

6 3. Railways Railway concessions in Brazil started in the mid-1990's in a context of the absence of investments by the public sector. Now, Brazil faces an important change compared to past rail concessions, when both infrastructure and services were provided together. Coming concessions are based upon a distinction between infrastructure and services. Brazil s land transportation regulatory authority, ANTT, is currently overseeing railway concessions throughout the country in order to improve and expand Brazil s rail system, as well as to alleviate congestion in Brazilian ports. Main opportunities in progress are: Project State of São Paulo Intercity Train (STM) Belo Horizonte Candeias Marinque Rio Grande Amount involved in Agreement R$18.5 billion Term of Concession 30 years Object of Concession Sponsored concession for construction of infrastructure, deployment of equipment and systems, the purchase of rolling stock, and operation and maintenance of an integrated network of 430 km. of lines of intercity trains. Concession for construction of rail transportation on railway involving 1,419 km. of rail beds between City of Belo Horizonte, State of Minas Gerais, and City of Candeias, State of Bahia. Concession for construction of rail transportation on railway involving 1,667 km. of rail beds between City of Status of bid procedure Government reviewing modeling Government reviewing modeling currently concession currently concession

7 Uruaçu Campos dos Goytacazes Lucas do Rio Verde Campinorte Maracaju Lapa Estrela D Oeste Dourados 35 years Marinque, State of São Paulo, and City of Rio Grande, State of Rio Grande do Sul. Concession for construction of rail transportation on railway involving 1,706 km. of rail beds between City of Uruaçu, State of Goiás, and City of Campos dos Goytacazes, State of Rio de Janeiro. Concession for construction of rail transportation on Railway involving 1,065 km. of rail beds between City of Lucas do Rio Verde, State of Mato Grosso, and City of Campinorte, State of Goiás. Concession for construction of rail transportation on railway involving 1,706 km. of rail beds between City of Maracaju, State of Mato Grosso do Sul, and City of Lapa, State of Paraná. Concession for construction of rail transportation on railway involving 1,706 km. of rail beds between City of Estrela D Oeste, State of São Paulo, and City of Dourados, State of Mato Grosso do Sul. Government reviewing modeling Government reviewing modeling Government reviewing modeling Government reviewing modeling. currently concession currently concession currently concession currently concession Açailândia Porto 35 years Concession for construction of rail Government currently

8 de Vila do Conde transportation on railway, involving 1,706 km. of rail beds between City of Açailândia, State of Maranhão, and City of Porto de Vila do Conde, State of Pará. EF 151 Açailândia - Barcarena EF 354 Anápolis - Corinto EF 116 Belo Horizonte - Guanambi EF 354 Sapezal Porto Velho EF 170 Sinop Miritituba. Porto Nacional/TO Estrela Implementation of railway infrastructure in EF - 151, in the stretch along Açailândia (MA) and Barcarena (PA), Implementation of railway infrastructure in EF - 354, in the stretch along Anápolis (GO) and Corinto (MG), Implementation of railway infrastructure in EF - 116, in the stretch along Belo Horizonte (MG) and Guanambi (BA), Implementation of railway infrastructure in EF in the stretch along Sapezal (MT) and Porto Velho (RO), Implementation of railway infrastructure in EF in the stretch along Sinop (MT) and Miritituba, district of Itaituba (PA), Request for contributions for the modelling of concession for the reviewing modeling concession

9 D'Oeste/SP operation and implementation of railway infrastructure in the stretch along Porto Nacional/TO and Estrela D'Oeste/SP.

10 4. Highways Brazil s highway regulatory body, ANTT, has a master plan for highway infrastructure in the coming years. The plan, denominated Step 3/Phase III for Federal Highway Concessions, includes concessions throughout the country and represents a change to the extent that previous concessions were concentrated in the coastal states. These concessions will strategically link railways and ports, delivering more efficiently soy, iron, and sugar to trading partners. As in the railway sector, the criterion for the selection will be the lowest toll fee charged to users. The main opportunities in progress are: Project Rio-Niteroi Bridge BR-163 (Mato Grosso - Pará) BR-364 (Mato Grosso- Goiás) Amount involved in Agreement Term of Concession Object of Concession Concession for recovery, operation, maintenance, and implementation of improvements and expansion of the bridge located between Rio de Janeiro and Niterói. Concession for recovery, operation, maintenance, and implementation of improvements and expansion of BR- 163 between Sinop (MT) and Miritituba (PA). Concession for recovery, operation, maintenance, and implementation of improvements and expansion of BR 364 between Mato Grosso and Goiás. Status of bid procedure publication of bid notice. publication of bid notice. publication of bid notice. BR-364 (Goiás Concession for recovery, operation,

11 Minas Gerais) maintenance, and implementation of improvements and expansion of BR 364 between Goiás and Minas Gerais. GO 020 (between Goiânia and Cristinópolis); GO 060 (between Goiânia and São Luiz de Montes Belos); GO 070 (between Goiânia and City de Goiás) Concession for (roads: GO 020 (between Goiânia and Cristinópolis); GO 060 (between Goiânia and São Luiz de Montes Belos); GO 070 (between Goiânia and City de Goiás); GO 080 (between Goiânia and São Francisco de Goiás) publication of bid notice. Tender expected to take place in 2015.

12 5. Urban Transportation The Federal Government has implemented Urban Mobility Programs (as part of the Growth Acceleration Programs PAC s ) to improve access and expand infrastructure for urban transportation. Currently, many PAC s are underway in Brazilian cities, including headquarter cities for the World Cup in Resources are being invested in subways systems, bus rapid transit (BRT), bus lanes, and high speed trains, among others. In order to make these investments, Brazil s government is primarily making use of sponsored concessions and manifestation-of-interest proceedings. Main opportunities in progress include: Project Amount involved in Agreement Term of Concession Object of Concession Status of bid procedure Metropolitan Integrated System of RMBS (STM/EMTU) R$688 million 25 years Sponsored concession for construction and operation of 39 city bus lines of 11.2 km. each. Government currently reviewing concession modeling Line 20 ( Pink ) of São Paulo s subway system (STM/Metrô) R$7.5 billion 25 years Sponsored concession for management, operation, and maintenance of Line 20 ( Rosa ) of the São Paulo subway system. The project involves 12.3 km. of rail beds, 14 stations, and 13 trains, with expectation of 468,000 passengers per day. Government currently reviewing concession modeling

13 Project ABC Express- Line 10 ( Turquoise ). (STM/CPTM) Curitiba Subway System Porto Alegre Subway System Metropolitan Rail Transport - MG Waterway transportation of passengers - Vitória Amount involved in Agreement R$1.5 billion Term of Concession 30 years R$2 billion 34 years R$ 1,4 billion 20 years Object of Concession Sponsored concession for management, operation, and maintenance of Line 10 ( Turquoise ) of São Paulo city train system. The project involves 25.2 km. of rail beds. Feasibility studies of technical, economic and financial aspects of sponsored concession for management, operation, and maintenance of Curitiba s subway system. Feasibility studies of technical, economic and financial aspects of sponsored concession for management, operation, and maintenance of Porto Alegre s subway system. Concession for construction, operation and maintenance of Metropolitan Rail Transport between the Tancredo Neves International Airport and the centre of Belo Horizonte. Administrative concession for the rendering of waterway transportation of passengers in the metropolitan region of Vitória State of Espírito Santo. Status of bid procedure Government currently reviewing concession modeling delivery of proposals. delivery of proposals. delivery of proposals. Suspended.

14 6. Hospitals and health-related projects In order to improve the quality of hospitals and health services, the Government is promoting a series of administrative concessions for building new hospitals and offering new health services. The main opportunities in progress include: Project Logistics and Pharmaceutical Services (SES) State Children s Hospital of Espírito Santo Hospital Complex (Brasília) Hospital Military Police (Brasília) Amount involved in Agreement Term of Concession R$150 million 20 years 20 years Object of Concession Administrative concession for development of logistics for distribution of pharmaceutical products, involving physical infrastructure, distribution of drugs, and technological infrastructure. Administrative concession for construction and operation of children s hospital in State of Espírito Santo. Administrative concession for construction, purchase of equipment and furniture, and management support services of hospital complexes in Brasília. Feasibility studies on administrative concession for construction, purchase of equipment and furniture, and Status of bid procedure Tender documents available to comments until March 10, delivery of proposals. delivery of proposals. Suspended. delivery of proposal

15 Digital Data Platform City of São Paulo Hospital das Clínicas - Sorocaba management support services of military hospital in Brasília. Feasibility studies on administrative concession for the development and operation of data platform regarding the public health system of the City of São Paulo. Administrative concession for construction, purchase of equipment and furniture, and management support services of the future Hospital das Clínicas de Sorocaba. delivery of proposal Public Hearing scheduled for September 1, 2014.

16 7. Solid waste, sanitation and related projects Sanitation projects in Brazil are especially promising for investors, as municipalities are promoting projects in order to meet infrastructure development mandates. Concessions include drinking water projects, sewage/sanitation, urban sanitation, solid waste management, and drainage and management of urban storm water. The main opportunities in progress include: Project Solid Waste Disposal System Goiânia, State of Goiás. Water Supply System in the City of Pará de Minas Amount involved in Agreement. Term of Concession Object of Concession Feasibility studies of technical, economic and financial aspects of concession for integrated management of collection, treatment, and processing services of solid waste in the metropolitan region of Goiânia, city capital of Goiás. Feasibility studies referring to the modelling of concession for the Water Supply System in the City of Pará de Minas, State of Minas Gerais. Status of bid procedure Delivery of feasibility studies scheduled for April 25, publication of bid notice. delivery of proposal. Deadline for registration in Public Call to complement the technical feasibility studies expired on July 31, 2014

17 Basic Sanitation System City of Maringá, State of Paraná R$ 1,2 billion 30 years Administrative concession for the rendering of services of collection, treatment and final disposal of solid waste in the city of Maringá, State of Paraná. Suspended.

18 8. Defense The government is promoting investments in order to modernize the defense sector. In 2011, the Management Committee of Federal Public-Private Partnerships issued Resolution No. 3 of December 14, 2011, which defines projects that are government priorities. The concession modeling of several other projects are currently under review by the government. Main opportunities in progress include: Project Itaguaí Naval Facilities Module 1 Supply and fleet management ( AGEFROT ) Amount involved in Agreement Maximum public compensation of R$1,200, Term of Concession Object of Concession Feasibility Studies for public bid, structuring a Public-Private Partnership for a project to build residential and commercial facilities for staff at the new Naval Complex located at Itaguaí. Feasibility studies for structuring a Public-Private Partnership that will include the following services within the area of operations of the 11 th Military Region: (i) provision of fuels and lubricants required for operations of the Brazilian Army; (ii) implementation of system that allows monitoring of ground fleet and control of supply and consumption of fuels during maneuvers, and (iii) construction, modernization, Status of bid procedure delivery of proposals. delivery of proposals.

19 New Military School of Manaus Sports and Recreational Facilities Almirante Adalberto Nunes ( CEFAN ) Navy Sports Facilities in Rio de Janeiro Manufacturing and maintenance of a new rifle designed by Imbel. maintenance, and operation of gas stations owned by Brazilian Army. Feasibility studies of technical, economic, financial, legal, and environmental issues arising in connection with new Military School (Novo Colégio Militar) in Manaus. Feasibility studies of technical, economic, financial, legal, and environmental issues for bids for project to expand, modernize, and redesign the Sports and Recreational Facilities Almirante Adalberto Nunes (Centro de Educação Física Almirante Adalberto Nunes - CEFAN) in Rio de Janeiro. Concession for provision of portable armament for the Brazilian Army. Tender documents will be available for public consultation until October3, Government currently reviewing concession modeling. Government currently reviewing concession modeling. Army Science and Technology Center in City of Guaratiba, State of Rio de Janeiro ( PCTEG ). Creation of scientific, technological, and industrial complex composed of higher education institutions and R&D organizations, and other types of companies and organizations. Proposed arrangement seeks to encourage innovation, competitiveness, and sharing Government currently reviewing concession modeling.

20 Amazon Multimodal transportation. of knowledge, allowing to triple the number of engineers trained. Concession for the construction of transportation system that provides the State of Amazon with a Logistics Platform to ensure logistical support for Frontiers' Special Platoons, as well as reinforce their support to local population. Government currently reviewing concession modeling. Military Hospitals in City of Manaus, State of Amazon, and City of Brasília, Federal District. Concession for construction of military hospitals for emergency care, clinical examinations, and tests of high complexity, among others. Government currently reviewing concession modeling. New Military School in City of Belém, State of Pará. Concession for the construction and maintenance of the New Military School in the City of Belém, State of Pará. Government currently reviewing concession modeling.

21 9. Others The concession of public services by the government to private partners exceeds the possibilities mentioned above. The use of common concessions and public-private partnerships is increasing in Brazil, such mechanisms now being used in numerous situations. The initiative to transfer the execution of public services to private partners stems from the desire of the public authorities to more efficiently deliver the services granted. In addition, such action allows the government to concentrate its investments and efforts in activities where the presence of the public authorities is essential to the achievement of government priorities. The main opportunities in progress include: Project Centralized System of Collection of Integrated Ticket (STM). Prison Complex (SAP) Amount involved in Agreement Term of Concession R$522 million 30 years R$750 million 30 years Object of Concession Administrative concession for operation of electronic collection of transportation fares through magnetic card readers. Administrative concession for construction, operation, and maintenance of prison units in State of São Paulo. Project involves creation of units for 10,500 inmates. Status of bid procedure Government currently reviewing concession modeling. Government currently reviewing concession modeling. Courts of Justice R$130 million 25 years Administrative concession for

22 (SJDC) construction, renovation, and maintenance of 6 Courts of Justice in State of São Paulo. Vehicular Courtyard (SPDR- Detran/SLT- DER/Polícias Militar and Civil- SSP) Digital Identification (Casa Civil/IMESP) Manufacturing of signs and car plates for the State of Minas Gerais. Sport Center - Brasília R$1.1 billion R$1.22 billion 30 years 20 years Administrative concession for implementation and operation of logistics for deposit, custody, and disposal of vehicles, as well as modernization of activities arising from traffic enforcement organs. Administrative concession for electronic civil identification system to modernize identification system in State of São Paulo. Feasibility studies for concession of administrative center in the State of Minas Gerais regarding the manufacturing, distribution, printing and placement of signs and car plates. Feasibility studies for concession of sports complex in the Federal District. delivery of proposals. Tender documents available for comments until February 20, Awaiting the publication of the final version of the bid notice. Government currently reviewing concession modeling. Tender documents available for comments until December 3, delivery of proposal. delivery of proposal. Protected Areas Minas Gerais R$ 320 million 30 years Administrative concession for preservation and conservation of protected areas in State of Minas Gerais. Delivery of proposals scheduled for January 12, 2015.

23 Public Lighting Network - São Paulo Feasibility studies for concession of public lighting network in the city of São Paulo. Sem previsão para entrega de propostas. Public Lighting Network Caraguatatuba, State of São Paulo Vehicular Courtyard DETRAN Minas Gerais Headquarters DETRAN Minas Gerais Gameleira Exposition Center East Sector Port of Paranaguá. 13 years Feasibility studies for concession of public lighting network in the city of Caraguatatuba, State of São Paulo.. Administrative concession for implementation and operation of logistics for deposit, custody, and disposal of vehicles, as well as modernization of activities arising from traffic enforcement organs. Administrative concession for construction and maintenance of the DMV s headquarters in State of Minas Gerais. R$ 617 million 30 years Feasibility studies for administrative concession of exposition center in the State of Minas Gerais. Concession for construction, improvement and management of new tourism complex in the Port of Paranaguá. Public hearing scheduled for September 19, delivery of proposal. Delivery of feasibility studies schedule for May 21, publication of bid notice. Tender documents available for comments until March 31, delivery of proposal. Deadline for enrolment in Public Call for the drafting of technical feasibility studies

24 Digital Identification State of Espírito Santo Mercado do Cruzeiro Belo Horizonte Aerospace Technology and Qualification Centre - CTCA (State of Minas Gerais) Public Electronic Clocks Federal District 20 years. R$ 33 million 25 years Administrative concession for electronic civil identification system to modernize identification system in the State of Espírito Santo. Concession for renovation, maintenance, and operation of the Mercado Distrital do Cruzeiro Complex, in Belo Horizonte. Expression of interest for the delivery of feasibility studies for the structuring of the concession for implementation of physical infrastructure, management and operation of services for the Aerospace Technology and Qualification Centre CTCA Concession for the implementation, instalation and maintenance of public electronic clocks, with built propaganda outdoor. expired on August 15, Tender documents available for comments until October 15, Deadline for enrolment in Public Call for the drafting of technical feasibility studies expires on November 03, Deadline for enrolment in Public Call for the drafting of technical feasibility studies expires on March 06, Delivery of proposals scheduled for February 3, 2015.