BDMG and consortium of municipalities sign agreement for concession project

The Development Bank of Minas Gerais (BDMG) and the Inter-Municipal Multi-Sectoral Consortium of Valle do Piranga (Cimvalpe) have signed a contract to structure a solid waste management concession project. The aim is to provide technical support for the development of waste management models for 31 municipalities located in Vale do Piranga, in the Zona da Mata region, in Minas Gerais, which is part of Cimvalpi.

Since 2020, and especially after entering into a partnership with the State Secretariat for Environment and Sustainable Development (Semad), BDMG has prioritized actions focused on basic sanitation in Minas Gerais in order to contribute to universalization and, therefore, at the regional level. Social and economic development, through structuring projects.

To develop work with Cimvalpi, BDMG is relying on the cooperation of the UK Charter’s Partnership for Accelerated Climate Transformation programme, a fund of funds from the UK Government. The partnership between the Bank and the UK Charter on this project, signed in 2021, aims to encourage private sector participation in sustainable infrastructure projects in Minas Gerais.

BDMG seeks to enhance its performance in supporting municipalities in the state of Minas Gerais through innovative initiatives that contribute to regional development, and ensure the implementation of sanitation and solid waste projects. Through Cimvalpi, more than 416 thousand people are expected to benefit through the proper management of solid waste in Vale do Piranga. For this, we count on the support of CIMAD and the UK Charter,” highlights BDMG Head, Marcelo Pomfim.

According to the Minister of State for Environment and Sustainable Development, Marilia Mello, “The franchising of urban solid waste management services through a block of municipalities, as in the case of public associations, promotes gains in scale and enables adequate provision of services even in the smallest municipalities.”