11/09/2007 11h17

Companies to develop agency to expand allocations in São Paulo

DCI - 11/09/2007

The State of São Paulo will gain a special agency for the promotion of infrastructure, with the purpose of fomenting and seeking solutions for the sector, promoting technical and financial feasibility studies, and developing projects to channel investments to energy, transportation, basic sanitation, and home-building and telecommunications, placing the public, productive, and private sectors side by side. The new agency will be created and controlled by the Brazilian Association of the Infrastructure and Capital Goods Industries (Abdib), as revealed with exclusivity to the DCI by the executive vice-president of the entity Ralph Lima Terra. The project, which has been articulated between the government and private initiative for 60 days, has already received governor José Serra's go and relies on the participation and support of Abdib's member companies, such as Camargo Corrêa, Comgás, CPFL, Dedini, Megatranz Transportes, Metso Mineral Brasil S.A., Sabesp, Telefônica, Siemens, Usina Moema, among others. According to Ralph Lima Terra, the agency will present mid and long term projects that may be implemented. "I have spent more than 25 years hearing about the construction of a train connecting Rio and São Paulo. This agency is born with a very clear purpose: helping the government adopt infrastructure models that work in the four corners of the world, the idea is gathering the forces of several sectors in order to make investments become reality. The idea that it is the state's obligation to carry out projects and investments is history. Today, it is getting clearer and clearer that the state does not have resources, and an increasingly more objective partnership interaction between the public and private sectors is necessary", points out Terra.