World Bank Funds Mexican Water Project

The World Bank has approved a $100m loan for the Mexico Water Utilities Efficiency Improvement Project, which aims to improve the efficiency of water utilities in the country.

The main beneficiaries of the project will be water utilities located in urban communities of more than 20,000 people.

Mexico water utility Conagua will execute the $200m project, for which the Mexican Government will provide $100m.

The project is expected to be completed in December 2014.