About to complete one year of its privatization, which occurred in July last year, the already distributed R $ 389.6 million to 80 municipalities of the State of São Paulo to infrastructure and environmental actions, including housing, drainage and land regularization works.
The amount is due to the transfer of 4% of the company’s quarterly net revenue to the Municipal Environmental Sanitation and Infrastructure Funds (FMSAI), established by contract in privatization.
“We are encouraging all municipalities to enable their funds so that they can count on this benefit,” says the
Sabesp’s privatization is one of the main measures adopted by the Tarcísio de Freitas (Republicans) government in its mandate, part of its privatization policy in various areas.
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