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Water management contract in Argentina

27/04/2000

Water management contract in Argentina

The FCC Group, via their associate Proactiva Medio Ambiente, S.A., was awarded the 30 year contract of general water management for various departments in the province of Catamarca (Argentina), in the northwest part of the country. Billing is estimated to reach close to 60 billion pesetas

he contract encompasses the departments of Capital, Vallejo Viejo and Fray Mamerto Esquiú, with a population of around 200,000.

The pledged 7 billion peseta investment will be paid over the course of the contract.

With the winning of this contract, Proactive Medio Ambiente, S.A. firmly establishes its presence in Argentina where it already has contracts in effect in both water management and urban sanitation. Among them are included garbage collection and street cleaning for several residential districts in Buenos Aires, with a population of more than one million, and in the city of Avellandeda with a population of 400,000