The discount in the auction of the new center will represent savings of R$ 2.2 billion
The winning bid from the auction for the New Administrative Center will save the state of São Paulo R$ 2.2 billion over the 30-year contract period.
The recent auction for the New Administrative Center in São Paulo resulted in a winning bid that will yield substantial savings for the state government, amounting to approximately R$ 2.2 billion over the duration of a 30-year contract. The successful bid was submitted by the consortium MEZ-RZK Novo Centro, which offered a discount of 9.62% on a maximum monthly public payment of R$ 76.6 million. This public-private partnership (PPP) arrangement indicates a collaborative approach where both the government and private sector will share responsibilities for the development and management of the complex.
The project is expected to involve a total investment of R$ 6 billion, with the state of São Paulo committing R$ 3.4 billion in funding over the first four years of construction, which is estimated to last five years. The winning consortium, which consists of various companies including Zetta Infraestrutura and M4 Investimentos, will provide R$ 2.7 billion towards the project. This significant investment is touted as a crucial step towards enhancing infrastructure in São Paulo, promising improved facilities as part of the state's long-term development strategy.
This auction signifies a key milestone for São Paulo in terms of public infrastructure financing under a PPP model, reflecting a trend towards engaging private enterprises in state projects. As the Brazilian government seeks to deliver more efficient services and modern facilities to its citizens, this initiative is poised to attract further interest in similar public-private collaborations, potentially transforming the landscape of public sector investments in the region ahead.