Mexico City looks to the private sector
- From: Vol 8, Issue 7 (July 2007)
- Category: General
- Region: Americas
- Country: Mexico
The sprawling capital has realised it cannot continue to fund water projects by increasing its debt load. Its $5 billion PPP plan has attracted 300 offers.
Mexico City’s leftist government, which has legalised abortion and same-sex marriages, is breaking another taboo and trying to attract private investors to fund the revamp of the capital’s crippled water services.
Officials at the city government say they are working with the World Bank, the Inter-American Development Bank and lawyers to draw up a series of public-private partnerships ...
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