July 15, 2020 / 4:45 PM / 25 days ago

Brazil's sanitation sector expected to receive $110 billion in investments, says economy minister

BRASILIA (Reuters) - Brazil’s sanitation sector is expected to receive between 600 billion reais ($111.60 billion) and 700 billion reais in investments in the coming years, Economy Minister Paulo Guedes said on Wednesday.

A new bill passed in June is expected to prompt states and municipalities to privatize water and sewage companies, drawing investors.

Reporting by Marcela Ayres

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