The works will improve services in São Bernardo do Campo and eight coastal cities.
The country's development bank is reportedly ready to start arranging a US$600mn facility for Odebrecht Engenharia e Construção so it can fund international projects.
Brazilian development bank BNDES will be a partner in the initiative through its investment arm, BNDESPar.
Brazil's national development bank says builders involved in the graft probe can access financing provided certain conditions are met.
The state refiner says a bill to hold a referendum lacks technical and legal foundation.
Sabesp launches three tenders to carry out work in Franca municipality and the state's namesake capital.
With support from development bank BNDES, the country is preparing waterworks concession in 17 states.
The focal points of the plan include a US$672mn investment in rail and highway infrastructure in the port city of Rosario, while two 14km tunnels will be built across the border with Chile.
Bogotá announces bill to unlock US$343mn in surplus funds and another to increase the budget of roads authority Invías so that it can take over construction of the troubled Ruta del Sol project.