Upcoming events
  • No upcoming events available
Syndicate
Syndicate content
Current Users
There are currently 0 users and 3 guests online.
Events
« May 2012 »
SunMonTueWedThuFriSat
12345
6789101112
13141516171819
20212223242526
2728293031
North American Development Bank Funds Mexican Wastewater Project
Posted Sunday November 16, 2008 at 5:07 pm by Laura Jackson (district 2)

$56.8 million wastewater project in Piedras Negras, Coahuila
advances toward completion
 

Wastewater services extended throughout Villa de Fuente neighborhood

 Piedras Negras, Coahuila. – Representatives of the North American Development Bank (NADB) were on hand to accompany Piedras Negras Mayor Raúl Alejandro Vela Erhard and other local dignitaries to celebrate the completion of work in the Villa de Fuente neighborhood where wastewater collection services are being made available to some neighborhood residents for the first time.  This work is part of a three-phase project to be completed by 2018 that includes the construction of a wastewater treatment plant and collection system to provide service to 100 percent of the city.

 “This project exemplifies how the Bank can work to provide assistance for projects that have a binational impact, improving water quality in shared watersheds such as the Rio Grande” said Jorge C. Garcés, Managing Director of the NADB.  “We look forward to seeing the completion of all three phases of this important project that is improving the quality of life in this vibrant border community.”

NADB is providing $8.4 million in grant assistance through its Border Environment Infrastructure Fund (BEIF), funded by the U.S. Environmental Protection Agency (EPA), and a $2.4 million low-interest loan. To date, $9.9 million have been disbursed towards the construction of the collection system and sewer hookups.

The remaining costs of the $56.8 million project certified by the Border Environmental Cooperation Commission (BECC) in March 2000 will be covered by grant funds from the Mexican federal water agency, Comisión Nacional del Agua (CNA), and Coahuila state and local authorities.

 

In Coahuila, NADB is currently providing $29.5 million in loans and grants to finance two wastewater projects, which will benefit around 250,000 residents in Piedras Negras and Ciudad Acuña.

 

In addition, NADB is working with the Coahuila government on the development of four new projects related to water, wastewater and solid waste, which are estimated to cost a total of US$40 million.


Overall, NADB is helping fund 119 environmental infrastructure projects throughout the U.S.-Mexico border region with a total of US$930.5 million in loans and grants.

For more information about NADB, visit our website at: www.nadb.org.

 


The North American Development Bank is a financial institution established and capitalized in equal parts by the United States and Mexico for the purpose of financing environmental infrastructure projects along their common border.  As a pioneer institution in its field, the Bank is working to develop integrated, sustainable and fiscally responsible projects with broad community support in a framework of close cooperation and coordination between Mexico and the United States