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Porto Alegre Guaíba Lake Waterfront Park Concession

Brazil
Stage 3: Start of Project Feasibility / Business Case
Stage 3: Start of Project Feasibility / Business Case
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Project data uploaded by:
Municipal Goverment of Porto Alegre
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PROJECT LOCATION (E.G. MAJOR GEOGRAPHIC REFERENCE)
Porto Alegre Rio Grande do Sul Brazil 
OPPORTUNITY FOR PRIVATE SECTOR INVOLVEMENT
LAST UPDATED
Q2 2019
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Project data uploaded by:
Municipal Goverment of Porto Alegre
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Project Description
Concession for the operation, maintenance and commercial use of the Guaiba Lake Waterfront Park in Sections 1,2 and 3. The Guaiba Lake Watherfront Park is located along the shore of Lake Guaíba, the park is in one of the most esteemed areas of Porto Alegre. It has been the subject of several landfills over the years due to periodic variations in Lake. The low occurrence of human interventions and maintenance actions in the Park allowed the regeneration of the native vegetation along its length. The park is divided into 07 (seven) sections, and 03 (three) of them are subject of this project (Sections 1,2 and 3) Recently, Section 1, received a substantial investment for its modernization and reform, but other sections of the park still lack interventions. Therefore, to reach its fully potential it will be necessary to make feasible modernizations in sections 2 and 3 of the park - followed by the operation and maintenance of these areas. The City Goverment of Porto Alegre and the United Nations Office for Project Services (UNOPS) are working together on structuring a concession project for the park, in order to make the initiative viable.
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Project stage info
Stage 1: Initial Government Announcement
Completed
Stage 2: Project Investigation
Completed
Stage 3: Start of Project Feasibility / Business Case
Completed
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