OSE to invest US$80mn in 2011, reach 90% sanitation coverage in Maldonado

Wednesday, January 12, 2011

Uruguay's congress has approved an US$80mn investment budget for state-owned water utility OSE for 2011, a congress spokesperson told BNamericas.

The entity had requested nearly US$90mn for the year. Congress' decision was made based on the firm's progress with ongoing works and their projected completion dates.

The budget will allow the utility to reach 90% sanitation coverage in Maldonado department during 2011, an OSE communications official told BNamericas.

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Other plans for the year include continuing work on Canelones department's Ciudad de la Costa sanitation plan, which is being carried out with the local municipality and includes a new drainage system and sewerage network.

The water company will also expand potable water and sanitation services in rural communities and small towns in the country's northern and central areas, the OSE official added.

The 2011 budget is part of OSE's five-year investment plan. A full portfolio of projects is still under development.