Four years after a spill from a copper mine in northern Mexico contaminated the Sonora river, the projects that were promised to compensate for the disaster are reportedly still pending completion.
The Antioquia-based utility will continue to operate the water and sewerage systems of the capital of Chocó department at least until end-2019.
The incoming city government will increase the budget of local water utility Sacmex and create a task force that repairs pipeline leaks.
The development bank will use the proceeds for loans for sustainable projects.
Due to the financial turbulences hitting the country, the Laferre project has been divided into three stages, with the planned tender entailing only the first part, worth US$70mn.