Region: Latin America and Caribbean
Sectors: Water and Sanitation
30 year concession agreement to supply water and sewerage services to Tumbes city through operating Emfapa.
Peruvian-Argentine consortium Latinaguas Concisa beat three other short-listed bidders to claim the 30-year concession.
The winner offered an investment of US$31.4mn to upgrade basic services through construction projects in Tumbes city in a first stage over five years.
The concession will require roughly US$62mn in investment, of which German development bank KFW will provide 17.5mn euros (US$21.9mn). The state will extend 4mn euros for initial works.
Emfapa serves 180,000 urban customers, providing 68% and 32% potable water and sewerage coverage, respectively.
Updated: March 28, 2021