Five new companies will take over waste management services in the city, which until now were provided by Aguas de Bogotá, whose workers went on strike over the loss of their jobs, causing a week-long emergency.
The local government, through local water utility Sacmex, is rehabilitating 150km of potable water and sewage pipelines, among other actions.
A US$62.6mn technical assistance and consultancy services contract was awarded to Spanish water services firm FCC Aqualia earlier this week.
The project is expected to benefit some 24,000 families
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So far, 45% of the new water network has been installed, while works have started on a new water intake system for the city, which was devastated by a landslide last year.
The general shareholders' meeting of the Brazilian company is set to take place on February 23.
The Argentine province aims to close agreements for the financing of three projects costing a total US$35mn.
Some 350mn pesos (US$18.51mn) will be invested this year to develop some of the utility's new projects in Mexico's Quintana Roo state.
The works will specifically target damaged potable water and sewage pipes located in the city's Tláhuac district.