Veracruz Water and Sewerage Service

active

In June 2015, Grupo Metropolitano de Agua y Saneamiento (MAS), a partnership between the Brazilian company Odebrecht and Spanish company Aguas de Barcelona (Agbar), was awarded the 30-year concession contract to refurbish, maintain and operate the existing infrastructure of the Servicio de Agua y Saneamiento Veracruz (SAS), located at the cities of Veracruz and Medellín de Bravo. The contract was awarded by the Organismo Publico Descentralizado Sistema de Agua y Saneamiento Metropolitano Veracruz/Boca del Río/Medellín, and the investments were expected to benefit around 10.200 people. Information on the bidding criteria and on the names of other bidders was not available. The contract was signed in August 2015, and the private sponsor took over the operations of the water and sewerage services in September 2015. The special purpose company Grupo Ambiental Proveracruz SAPI de CV was set to lead the project. The total investment in the project was estimated at US$ XX million (Pesos 10,000 million).