The State of Rio Grande do Sul, Brazil, has announced an auction for the Botanical Garden of Porto Alegre.
Under the plans, private partners will take the concession for a 50-acre botanical park, overseeing its modernization and revitalization.
Overall the value of the 30-year concession is around $47m, with significant investment required in the first seven years.
The auction will take place on December 8, 2022.
Earlier this month, Rio Grande do Sul selected a winner of another park P3.