CAF and OSE sign technical cooperation agreement
The State company will receive a non-reimbursable technical assistance of up to USD 600,000 that will be allocated to contract studies that enable to determine the most convenient alternative to ensure the supply of potable water in the metropolitan system
CAF, Development Bank of Latin America, signed a non-reimbursable technical assistance agreement with Obras Sanitarias del Estado (OSE) (State Sanitary Works) for up to USD 600,000, which will enable the entity to contract studies to establish the best alternative to ensure the correct supply of potable water in the metropolitan system.
Gladis Genua, CAF's Director Representative in Uruguay, stated, "By granting this technical cooperation, we reaffirm our support to the potable water and sanitation sector in Uruguay. The objective is to provide Montevideo and the metropolitan area with the conditions that are necessary to cover the demand for potable water in the long term, with adequate health standards".
At the same time, Milton Machado, President of OSE, indicated that the signature of this agreement is framed within the priority of the company and the Executive Power to solve the problems that stem from the "environmental pressure" that currently demands an update of the infrastructure and the "processes to mke it potable".
In this respect, the President of OSE stated that the agreement signed with CAF will enable the completion of the stages that come before the design of "a project that may be tendered and built to continue ensuring the quality conditions to which all Uruguayans are used to".
Research works will have a total cost of USD 750,000, and will cover the Montevideo metropolitan system that supplies water to close to 1,750,000 people in the capital, Canelones, Ciudad de la Costa, La Paz, Las Piedras, Progreso and neighboring areas.
CAF's more recent content
CAF, ECLAC, IDB and PAHO Promote Sustainable Development in the G20
The Regional Organizations of the Americas congratulate Brazil on its successful G20 Presidency, highlighting its leadership on key issues such as poverty, governance, and climate change. They also reaffirm their commitment to actions that promote equity and development in the region.
Urgent Call for Action to Safeguard Caribbean SIDS at CAF Symposium
As the global community grapples with the escalating climate crisis, Caribbean Small Island Developing States (SIDS) are running out of time to secure critical investments and support needed to strengthen their economies and protect vulnerable communities from the intensifying impacts of climate change. With the window to take decisive action rapidly shrinking, CAF - Development Bank of Latin America and the Caribbean, in partnership with the Commonwealth Secretariat and the Antigua and Barbuda High Commission, brought together key stakeholders for a symposium in London to address the critical vulnerabilities Caribbean SIDS face.