Andina

Peru to invest US$15.19 billion in water and sanitation by 2021

17:58 | Lima, Oct. 5.

The Peruvian Government will spend S/49.54 billion (about US$15.19 billion) by July 2021 to provide fresh water supply and drainage services to urban areas, Housing, Construction and Sanitation Minister Carlos Bruce disclosed on Thursday.

As per rural areas, 84% of the population will have access to drinking water and 70% will receive sewer services.

"The goal by 2021 is to provide quality drinking water and sewage services to all Peruvian citizens on a 24-hour basis. We will fulfill President Kuczynski's promise, no matter what," he affirmed.

According to Bruce, the Housing, Construction and Sanitation Ministry (MVCS) will invest S/3.5 billion (US$1.07 billion) this year, and its portfolio's 2018 budget amounts to S/7 billion (about US$2.14 billion).

"The sector allocates between US$92 million and US$122 million per month to fund sanitation works across the country," Bruce said at a conference held by Peru-China Chamber of Commerce (Capechi).

On the other hand, a total of 24 regional sanitation plans will be completed, so that sanitation investment is in line with the national policy to close gaps in sanitation services access and quality.

(END) MDV/JJN/RMB

Published: 10/5/2017