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São Paulo state water utility Sabesp is interested in public-private partnerships (PPPs) on various fronts to diversify its revenues.
Newly appointed CEO Karla Bertocco Trindade highlighted her focus on seeking new business opportunities, without neglecting the company's core mission of providing universal access to sanitation.
"[São Paulo state governor Márcio França] was very excited about some of the initiatives that my team developed in the government, so the mission that emerged was in this line of innovation," Trindade told financial newspaper Valor Economico.
Before assuming her role at Sabesp, Trindade was deputy secretary of the state's partnerships and innovation department and was also director of São Paulo state's sanitation and energy watchdog Arsesp.
Sabesp created an area linked to the presidency with an exclusive focus on new business, which should start officially next week.
"I believe in public-private partnerships. Sabesp has many strengths, but it's difficult to exploit all those opportunities without creating subsidiaries with the increased participation of third parties," she said.
Among the PPP possibilities Sabesp will take a look at are water and sewage projects, as well as drainage and solid waste.