Water, sanitation investments could reach US$17.9bn - Calderón

- Friday, March 25, 2011

Water, sanitation investments could reach US$17.9bn - Calderón

Water and sanitation investments in Mexican states Baja California, Chiapas, Estado de México, Jalisco and Puebla could require 215bn pesos (US$17.9bn), President Felipe Calderón was quoted as saying by local paper Crónica de Hoy.

The Veracruz government is also expecting to invest an unprecedented amount in the state's water infrastructure in the next few years with federal government backing, according to governor Javier Duarte de Ochoa, who added that the time had come to boost the state's potable water and sanitation coverage, the report said.

Calderón announced the potential investment figure during a world water day event, where he also presented the central government's 2030 water agreement to establish universal potable water and sewerage coverage, among other objectives, national water authority Conagua reported.

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A total of 38 projects will be carried out under the 2030 plan, which establishes a new water policy to incorporate social, economic, political, cultural and communication sectors, among others, in water management.

The plan addresses "the necessity to work together so Mexico has clean rivers, balanced basins, universal coverage and efficient strategies to cope with catastrophic floods," said Conagua director José Luis Luege at the event.