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Peru May Invest About $5.2 Billion in Water, Wastewater Projects

Oct. 26 (Bloomberg) -- Peru is aiming to improve access to potable water in cities including Lima and rural areas with about $5.2 billion of projects and investments over the 2010-2016 period, the state news agency Andina said.

Drinking water coverage in Peru’s cities was about 89 percent two years ago and the government aims to increase that to 92 percent by 2016 with infrastructure upgrades, the Housing Ministry said. The government also hopes to improve wastewater treatment access with $521 million in projects during that period, Andina said in a statement.

The government estimates 1 million people in Lima, the country’s largest city and capital with 10 million residents, don’t have access to running water. The government said it hopes to boost potable water coverage in rural areas to 57 percent from 39 percent two years ago with the investments.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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