Treatment of wastewater in Panama
Developers will have to build the treatment plants at their own expense, and then transfer them free of cost to the National Water and Sewer Institute (Idaan).
Thursday, January 22, 2009
The article published in Prensa.com, says that "the cost, including land and construction, will have to be paid for by the developer. That is, 'we the developer must make it and then give it to Idaan. However, this investment will not be tax deductible, added Espino. The reason for this, according to Juan A. Ducruet, director of Idaan, is that ..."
The costs required to overcome the deficit of potable water in the residential area must be paid by developers of new projects or by reevaluating the land.
The lack of government planning for the water supply is affecting the development of real estate projects.
Companies building real estate projects in the district of Chame have had to resort to installing underground wells due to water scarcity in the area.
Real estate developments in the area of Cocle will have to generate their own sources of private water supply due to a shortage of this fluid in the province.
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