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Concessions model proposed for water and sanitation for Costa Rica

Wednesday, June 9, 2010

Costa Rica's government should consider carrying out water and sanitation projects under a concessions model to boost investment in these sectors, the executive director of the national college of engineering and architecture, Olman Vargas, said.

"A concessions model is a very good option for a country like Costa Rica. However, all concessions should be regulated by a legislation that protects the rights and duties of all the parts involved," Vargas said.

Costa Rica's current concessions model does not allow for private investment in water and sanitation projects, which means modifications to current legislation will have to be approved.

Original source: Business News Americas