Compesa planning US$33mn water supply project for Petrolina

- Thursday, January 20, 2011

Compesa planning US$33mn water supply project for Petrolina

Brazil's northeastern Pernambuco state water utility Compesa is planning to invest 55mn reais (US$33mn) to increase water supply in the city of Petrolina, the company said in a release.

Funding, which is coming from the country's growth acceleration plan (PAC), has been released two years ahead of time as a reflection to the city's accelerated growth. Petrolina is considered the fastest-growing city in the state, according to data from government statistics bureau IBGE.

The initiative will include building five reservoirs to supply the city for the next 20 years.

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A tender will be carried out later this year, with work to start by year-end. The project should take two years to complete, according to the release.

Compesa will form a working group with city government representatives by February to work on Petrolina's overall sanitation plan.