$600 million investment plan approved for ailing Peruvian water utility

As part of a modernization programme, Peruvian regulator Sunass has approved a $600 million investment plan for beleaguered state utility Sedapal. Tariff rises are only part of the solution.

Peru aims to attract around $750 million in foreign investment to modernize its beleaguered state-run water utility Sedapal by 2011, in an attempt to stem the country’s severe water shortages. Peru’s basic services regulator Sunass in late November approved a $600 million investment plan for Sedapal, which serves the capital Lima and the neighbouring port city of Callao ...

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