Roundup: Sedapal bond issue, El Alto sewerage, MiAgua in Oruro

- Wednesday, July 13, 2011

Roundup: Sedapal bond issue, El Alto sewerage, MiAgua in Oruro

Peru's state-owned water utility Sedapal, serving Lima and neighboring Callao will prepare its first package of structured bonds by year-end, according to its president Luis Isasi.

In October, Latin America development corporation (CAF) began working with four state-owned firms, including Sedapal, for potential listing on Lima's stock exchange BVL.

"It is not our intention to be listed on the stock exchange, but rather to structure bonds for sale in the capital market," Isasi told state news agency Andina.

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Bolivia's environment and water ministry (MMAyA) will invest some 43.1mn bolivianos in a sewerage project for El Alto city.

The first phase of the project involves building an 8.8km collector to transfer effluents from El Alto's district 8 to the Puchucollo wastewater treatment plant, MMAyA said in a release. Construction, which cost some 23.1mn bolivianos, is nearly complete, with 800m remaining to be built.

Phases II and III of the project involve building a sewerage network and domestic connections in the district, at a cost of some 20mn bolivianos.

Under an agreement reached with district representatives, MMAyA will carry out the remaining work concurrent with a natural gas network being installed in the area.

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Also in Bolivia, President Evo Morales has disbursed some 51.1mn bolivianos to carry out 85 potable water and irrigation projects in Oruro department.

A second phase of projects will bring the total number of projects to 109 and investment in Oruro water projects to 66.9mn bolivianos, MMAyA said in a release.

Work will be financed through the government's MiAgua investment program, which will provide US$100mn for water infrastructure projects throughout the country.