The company will provide services for the city for the next 40 years.
To go through with the 2019-2023 plan the company will use its own resources in addition to external funds.
The public works ministry is seeking usage rights for subterranean waters at the drought stricken Petorca province, in order to benefit rural users.
River management agency ACUMAR will come under the control of the public works ministry and see its 2019 budget slashed to US$21mn.
The federal government approved a US$49mn loan from Kuwait's economic development fund for Córdoba province.
The water utility of Brazil's Paraná state invests nearly US$4mn to expand coverage throughout the locality.