Infrastructure and Construction Water and Sanitation sewerage Banco de Crédito Agrícola de Cartago Banking Guillermo Quesada Infraestructure & Construction aqueduct Inter-American Development Bank Wastewater treatment construction water Asadas BBVA Foundation Banco Bilbao Vizcaya Argentaria

Costa Rica to Invest $24 Million in Sewer Network

The province of Cartago will issue bonds to finance the project.

Friday, July 9, 2010

©image: municipiopinas

The bank Bancrédito will be responsible for the sale of the bonds. The issue will take place in three stages: the first for $8.6 million, the second for $9 million and the last for $6.4 million.

“The minimum investment required to participate in the project is ¢1 million ($1,900), the term is 25 years and interest will be paid quarterly calculated using the base lending rate plus a number of percentage points that is yet to be defined,” writes La Prensa Libre online.

Source: prensalibre.co.cr

Key entities

Superintendencia General de Valores de Costa Rica Banco de Crédito Agrícola de Cartago Guillermo Quesada Municipalidad de Cartago

Countries

Costa Rica

Insight

aqueduct sewerage Water and Sanitation bond issue Infrastructure and Construction Banking

Portfolio of Water and Sanitation Projects in Costa Rica

January 2012

The AyA has projects for which it is looking for funds, and is considering various forms of investment types, including concessions for public works, public - private partnerships, leasing and securitizations.

Costa Rica’s investment needs for water supply and sewerage systems amount to $1820 million, of which $599 million is for projects to be developed immediately, $371 for short-term projects, and $850 million for medium-and long-term ones .

$320 Million for Water Works in Costa Rica

January 2011

Funds from Spain, Japan and the IDB will be used to improve drinkable water and sewer infrastructure.

The project comprises $20 million from Spain, a $73 million loan from the Inter-American Development Bank, $150 million provided by the Japanese International Cooperation Agency and $77 million from the Government of Costa Rica.

Panama: $ 100 Million for Water and Sanitation

December 2010

The CAF loan is aimed at improving health conditions and support economic and urban development in the province of Panama.

With partial funding from CAF, amounting to $ 100 million, the Institute of Aqueducts and Sewers (IDAAN) will start implementing an investment program for the water sector and sanitation in the province of Panama.

$60 million for water projects in El Salvador

October 2008

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.

Spain announced the start of the Cooperation Fund for Water and Sanitation yesterday during the XVIII Ibero-American Summit. This is a donor plan for $1.5 billion that will be carried out during the next four years.

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