Saturday, December 8, 2007

Developers Sign More Water Deals With Government

By Ralph Nicholson of THE BEACH TIMES

Developers have forged two deals — one in Jacó, Puntarenas, and the other in the northern Guanacaste beach town of Hermosa — which will provide thousands of new water hook-ups to both regions.

In both cases, the developers will finance the projects under a private-public partnership (PPP) with the country’s water and sewage body, the Instituto Costarricense de Acueductos Y Alcantarillados, known more simple as AyA.

Once the projects are completed they will handed over to AyA who will operate and maintain the infrastructure.

The two plans are the second and third PPPs to be announced in as many weeks. Early last month a group of real estate developers agreed to spend up to $8 million bringing water to Playas del Coco, in Guanacaste’s north.

The 32 developers signed a deal which will see about nine kilometers (six miles) of underground pipes laid from three well properties in an around Sardinal and servicing the area around Playas del Coco and Playa Ocotal.

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