Panama should invest $1 billion in water
The draft strategic plan designed by the IDB establishes objectives which include modernizing the Idaan without privatizing it.
Tuesday, December 2, 2008
According to studies by the IDB, in order to accomplish the millennium goals by 2015, Panama will have to invest at least $1 billion in the sub sector during the next 5 years, and this includes the sanitary project for the city and bay of Panama.
Investments will target cities in central and western provinces, along with low-income suburban communities near Panama City.
El Salvador expects to get cooperation for $60 million from the Government of Spain to carry out 40 projects to provide potable water to rural areas.
Project backed by the Spanish Cooperation Fund for Water and Sanitation in Latin America and the Caribbean
The donation by the Spanish Government is to be used to provide potable water to those municipalities that do not currently have the service.
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