The $2 million improvements are part of the rehabilitation and sewer extension project for Copán Ruins, which includes the extension of the sewage system, collection networks, sub-collectors, collectors, fire station, septic tanks and a wastewater treatment plant.
The Latribuna.hn website published: "Environmental and health conditions in the area will be improved, eliminating the overflow of sewage onto the streets and into open channels and this will allow a healthy environment in which to live."
The Costa Rican Institute of Aqueducts and Sewers (AyA) is planning a borrowing program of $838 lasting until 2019 to fund its own projects.
Yesenia Calderon, chief executive of the institution, reported that included in the list of projects is $662 million worth of projects which have already been authorized or are underway, including the "Program for Improvement of the Environmental Metropolitan Area, the Water Supply Program for the Metropolitan Area, the Urban Aqueduct, the Sanitary Sewer at Puerto Viejo de Limon, the Rural Water and Rural Sanitation II Programs, the Project for Drinking Water and Sanitation in peri-urban Areas of the Metropolitan Area and Rural Priority Areas, the Supply program for the Metropolitan Area and Urban Water Supply, and the Program for the Reduction of Unaccounted Water".
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 .
Funds from Spain, Japan and the IDB will be used to improve drinkable water and sewer infrastructure.
The project comprises $20 million from Spain, a $73 million loan from the Inter-American Development Bank, $150 million provided by the Japanese International Cooperation Agency and $77 million from the Government of Costa Rica.
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