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.
After confirmation of the drinking water crisis in the area, the question arises of how to finance the other aqueduct required in Punta Paitilla (San Francisco). Concerns have elevated after the Institute of Aqueducts and Sewers (IDAAN), determined that new infrastructure will be needed to meet the demand for drinking water in the residential area. This will also affect future developments planned in this location.
In August 2015 a growth rate of 8% in claims and 4% in the value of premiums was recorded.
Although growth in claims has moderated compared to previous months, the Superintendency of Insurance and Reinsurance believes that the gap between the growth of premiums and claims is still wide and capital required of insurance companies and premium costs need to be raised.
The Health Ministry is preparing the tender documents for the construction of a second module of the treatment plant in Juan Diaz, in the district of Panama.
With the second module of the treatment plant in Juan Diaz water in this area, coming from the rivers Tapia, Juan Diaz and Tocumen, will be treated. However, it is expected that a third module will be needed to treat water in areas such as Diciembre 24, Pacora and the reverted areas, for which an investment of $200 million is estimated.
Preparations are being made for February of the specifications of the tender to build and expand water treatment plants in Santiago, Veraguas and in different areas of the provinces of Panama and Panama Oeste.
At the moment conditions are being revised including the specifications for the tender and it is hoped that it will be published on the purchasing website in February. In the area in the north, east and west of Panama there are 10 water purifiers that are not efficient, whereas in Veraguas there are six plants which are over 40 years old.
Specifications are being prepared for the launch of a tender in January 2016 for works to expand daily capacity of a water by 10 million gallons at the treatment plant in the district of Panama.
The project being run by the Institute of Aqueducts and Sewers (IDAAN) aims to increase the capacity of the Chilibre plant in the district of Panama, in order to increase the pressure and coverage and can even "... supply more areas in Panama East. "
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