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Hidrolara water utility

Sector: Water Supply and Storage • Location: Venezuela, RB

Source: World Bank Group

Project
Cancelled

In 1998, the management of Hidrolara granted a 4 year management contract to Spanish Aguas de Valencia to operate the water and sewerage system of Hidrolara which provided services to Lara state. At that time Lara state had a total population of 1.1 million inhabitants.

The management contract began in April 1999. The estimated cost of the management contract was US$3.8 million which was agreed

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The project “Hidrolara water utility” is an infrastructure initiative in the Water Supply and Storage sector, located in Venezuela, RB. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

cancelled

Taiyo status

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Email

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Description

Description

In 1998, the management of Hidrolara granted a 4 year management contract to Spanish Aguas de Valencia to operate the water and sewerage system of Hidrolara which provided services to Lara state. At that time Lara state had a total population of 1.1 million inhabitants. The management contract began in April 1999. The estimated cost of the management contract was US$3.8 million which was agreed to be funded by InterAmerican Development Bank (IADB) through a loan. The IADB funding also included US$21 million for network rehabilitation. The management contract was canceled in December 2002, three months before its expiration. The cancellation was mutually agreed because contract goals were already met and the investment were on hold. None None

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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