Mexico: a lost year for water
- From: Vol 1, Issue 11 (November 2000)
- Category: General
- Region: Americas
- Country: Mexico
- Related Companies: ABN Amro, Aguas de Barcelona, Azurix, Banobras, Biwater, Fitch, HypoVereinsbank, IFC (International Finance Corporation), Moody’s, Ondeo/Suez, Poseidon Resources, US Filter, Veolia Environnement (formerly Vivendi Environnement) and WestLB
To date 2000 has been something of a lost year for water projects in Mexico. Public and private sector plans have moved forward slowly or stalled completely. The election of PAN party candidate Vicente Fox has raised the prospect of change in the Mexican water sector. However, creating financing options for municipal infrastructure improvements remains a significant challenge.
At least 80 cities are upgrading their potable water distribution and sewerage systems. These include Zacatecas, Pachuca, Morelia, Tulancingo, Ixtapa, Guadalajara, Celaya, Irapuato, Leon and Queretaro. But BOT projects in the states of Guerrero and Veracruz, a desalination plant for Hermosillo in the state of Sonora, and the $1.1 billion Mexico Valley water management programme have stalled or remain ...
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