Mexico Earmarks $3bn for Water Projects

Mexico’s national water authority Conagua is to receive MXN36.9bn ($3.06bn) in 2011 to invest in water and irrigation projects.

The authority will allocate MXN17.9bn ($1.4bn) for potable water and sanitation projects, an increase of 3.6% over the 2010 budget.

From the outlay, Conagua will spend MXN6.97bn ($577m) on irrigation projects this year, according to waterworld.com.

The water authority increased its spending on sustainable water management by 91% to MXN1.58bn ($130.8m) compared with the MXN827m ($68m) last year.