Mexican consortium wins water treatment concession for the largest lake in Peru

A consortium of Mexican capital obtained the concession for the Wastewater Treatment Project (WWTP) of Lake Titicaca, the largest in Peru, located in the department of Puno (south), informed President Martín Vizcarra.

Lake Titicaca is located on the border with Bolivia and is shared with the highland country. However, with 4,772 square kilometers, the Peruvian part represents 56% of its total area.
Lake Titicaca is located on the border with Bolivia and is shared with the highland country. However, with 4,772 square kilometers, the Peruvian part represents 56% of its total area.

"With this wastewater treatment project, we will take care of the environment and improve the health of the citizens, giving the tranquility that the communities that are in the surroundings of Lake Titicaca deserve".

The winning consortium is Fypasa Construcciones y Operadora de Ecosistemas, which obtained the concession of this co-financed private initiative (IPC), in which a large number of private capitals are combined with a remaining percentage of public investment.

According to the head of state, the project of this treatment plant is valued at 863 million soles (261.5 million dollars) and its concession is agreed to 30 years.

He also pointed out that under the IPC scheme an approximate saving for the State of 250 million soles (75.7 million dollars) has been achieved.

"We will save on resources to cover other investment initiatives," said Vizcarra.

The IPC of the project was evaluated and granted by ProInversión, the office of the Ministry of Economy and Finance in charge of the promotion of private capital in the country.

Lake Titicaca is located on the border with Bolivia and is shared with the highland country. However, with 4,772 square kilometers, the Peruvian part represents 56% of its total area.

The Peruvian president indicated that the contamination of the lake is a delicate problem since the wastewater of about one million inhabitants of the department of Puno goes to the Titicaca without receiving any treatment.

"Having a clean lake we can have a series of economic activities around, we will work to lay the foundations of sustainable development that Puno deserves".

According to ProInversión, the PTAR Titicaca will benefit 1.2 million inhabitants of the areas surrounding the lake, which is located 3,800 meters above sea level.

by Agency

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