$200 million for sewer system in Costa Rica

Water and Sewage Authorities are seeking approval from the Government to finance the metropolitan sewer system with a loan from a Japanese bank, increasing the rates and state funding for up to a fourth of the project.

Monday, October 6, 2008

The initiative, which is estimated at $200 million and which was initially planned for concession to a private firm, is now being presented as a public investment project, with the design and construction put to international tender.
The sewer system will obtain funds starting at $100 million at an interest rate of 1.25% for a period of three decades and seven years of grace period from the Japan Bank for International Cooperation (JBIC).

More on this topic

Costa Rica: Projections for Tenders for Water Treatment

January 2014

The project for expansion of sewerage systems in the Greater Metropolitan Area of ​​San José projects works worth $200 million to be tendered in 2014 and 2015.

A third of the funds available for the Project for Environmental Improvement of the Metropolitan Area of ​​San José (PMAASJ) has been invested in various works.

Portfolio of Water and Sanitation Projects in Costa Rica

January 2012

The AyA has projects for which it is looking for funds, and is considering various forms of investment types, including concessions for public works, public - private partnerships, leasing and securitizations.

Costa Rica’s investment needs for water supply and sewerage systems amount to $1820 million, of which $599 million is for projects to be developed immediately, $371 for short-term projects, and $850 million for medium-and long-term ones .

Funding of $960 million for Water and Sanitation Projects

December 2011

The Costa Rican Institute of Aqueducts and Sewers needs resources of $598 million immediately and $371 million in the short term.

The funds are for projects that were put to the bottom of the list and have now become a priority for the institution.

Eduardo Lezama, assistant manager of the institution, referred to the projects that need to be done urgently, "We need improvements in collection, in the distribution network sectors, in storage tanks or increased storage."

Costa Rica Seeks $50 Million for Sewage

March 2009

Costa Rica is negotiating a $50 million loan with the IDB for the construction of a sewage treatment plant.

Ricardo Sancho, president of the Institute of Aqueducts and Sewers (AyA) of Costa Rica reported that the institute is holding discussions with the Inter-American Development Bank (IDB), seeking to ensure funding for the plant which will serve 1.6 million customers.

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