Peru to Invest $3.3 Billion in Lima, Callao Water Works

Feb. 19 (Bloomberg) — Peru’s largest water company, Sedapal, plans to invest 8.44 billion soles ($3.3 billion) in drinking water infrastructure in Lima and the neighboring port of Callao over the next three years.

Housing and Construction Minister Rene Cornejo said in the Peruvian capital that the state water company will build reservoirs, wells and water-treatment plants as well as replace 5,000 kilometers (3,000 miles) of water pipes in Lima. About 1.9 million of Lima’s 9 million residents don’t have access to running water, he said yesterday at a news conference.

Lima also aims to treat 100 percent of its wastewater by 2015, Cornejo said. The Taboada sewage treatment plant started last year by Spain’s Actividades de Construccion & Servicios SA will treat 74 percent of Lima’s wastewater by August while work is to begin this year on Acciona SA’s La Chira plant, he said.

To contact the reporter on this story: Alexander Emery in Lima at aemery1@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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