BNDES - Brazilian Development Bank

Public hearing for the new concession project of Iguaçu Park begins

Apr 27, 2021

With the support of the Brazilian Development Bank (BNDES) and the Investment Partnership Program (PPI), the Chico Mendes Institute for Biodiversity Conservation (ICMBio) and the Ministry of the Environment (MMA) open, on Tuesday, the 27th, the public hearing on the project of the new concession of the Iguaçu National Park, located in Paraná. The objective is to receive contributions, subsidies and suggestions from society.   

The project was structured by BNDES and has investments estimated at R$ 500 million. The main premise for the preparation of the studies was the preservation and conservation of the unit, together with the generation of sustainable income opportunities for the surrounding populations. Iguaçu National Park is a pioneer in Brazil in the involvement of the private sector in the management of conservation units, being today the country’s third most visited destination.

For the superintendent of the Government and Institutional Relationship Area of BNDES, Pedro Bruno Barros de Souza, “one of the greatest virtues of the project is the BNDES’s partnership with the MMA and the ICMBio in the construction of a model that prioritizes the conservation of the unit and the stimulus to the development of the park’s surroundings.”

The Iguaçu National Park was granted to the private sector in the late 1990s. With the end of the current contract nearing, the ICMBio sought support to structure the new competition. Through Decree Nº. 10,147, the park was included in the PPI portfolio, for the purpose of concession of the provision of public services to support the visitation, conservation, protection and management of the unit. Bidding is expected to take place in the fourth quarter of 2021.

Contributions to the hearing may be made electronically at this internet address. Moreover, two Public Hearing sessions will be held, both in person – with the appropriate safety measures due to covid-19 – and in a virtual environment, on May 20th, in Foz do Iguaçu and, on May 21st, in Céu Azul, also in Paraná. See here the documents about the project.

The renewal of the park’s concession will enable the expansion of its capacity to generate revenue, mainly due to the stimulus to the development of other centers for visitation, and the improvement in the infrastructure of the Cataratas Pole, the main one, increasing its operational efficiency and improving the general level of services provided.

About the park – Created in 1939, the Iguaçu National Park is home to the largest remnant of Atlantic forest in Southern Brazil. It protects rich biodiversity, consisting of species representative of Brazilian fauna and flora, some of them threatened with extinction, such as the Brazilian jaguar, puma, yellow-breasted alligator, purple-breasted parrot, harpy eagle, pink peroba, ariticum, araucaria, and many other species of relevant value and scientific interest. Such significant biological variability, added to the unique landscape of Iguaçu Falls, made the park the first conservation unit in Brazil to be established as a Unesco World Natural Heritage Site in 1986.

About BNDES – Founded in 1952 and currently linked to the Ministry of Economy, BNDES is the main instrument of the Federal Government to promote long-term investments in the Brazilian economy. BNDES’s actions focus on the socioenvironmental and economic impact in Brazil. BNDES offers special conditions for micro-, small- and medium-sized enterprises, as well as social investment lines, directed at education and health, family agriculture, sanitation and urban transport.  In crisis situations, BNDES acts in an anticyclical manner and assists in the formulation of solutions for the resumption of economic growth.

Recent News  Recent News
BNDES registers record net profit in 2021 and now has the largest portfolio of infrastructure concessions in the world
Bank recorded BRL 34.1 billion in net income, the highest value in its historical series, 65% above 2020. Result was mainly influenced by the sale of equity interests and debentures, in addition to higher dividend income. BNDES has become the largest structuring of infrastructure concession projects among its peers, according to a ranking by data provider Infralogic. The bank's portfolio includes sanitation, transport, urban infrastructure and energy with more than BRL 270 billion in planned investments.
BNDES creates matchfunding to invest up to BRL 500 million in forest recovery with support from partners
The following companies have already confirmed participation in the Living Forest Initiative: Petrobras, Coopercitrus, Heineken Group, Itaipu Binacional — in partnership with the Government of Mato Grosso do Sul — Philip Morris Brasil and Vale, through the Vale Fund The Bank will participate with up to 50% of the resources applied in the initiative
The reforestation of 16,000 to 33,000 hectares with native species and biodiversity is expected