The plan is expected to face opposition from some council members in the Colombian city amid concerns that the divestments are akin to privatization.
The initiative includes water, port and road infrastructure projects, and housing, among others.
The Peruvian government plans to allocate more funds to reconstruction of water and irrigation infrastructure damaged by last year's flooding.
The OPEC Fund for International Development (OFID) will provide US$50mn for the second stage of the Desvío Arijón aqueduct in Santa Fe.
The measure was backed by the Morena coalition, on which ticket president-elect Andrés Manuel López Obrador ran.
The Brazilian utility had been prohibited from charging for sewage treatment in Goiânia since early September.
BNamericas spoke to Gustavo Mueller, a water sector expert and director at Fitch Ratings, about the ongoing challenges in the sector.
Earlier this month, Colombian prosecutors seized 82% of the equity of local water utility Triple A owned by Spanish firm Inassa as part of a probe into alleged mismanagement of the former's funds. The case could end up in international arbitration.