PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604179

Primary Business Area

Transaction Advisory

Disclosure Date

Jun 29, 2020

Country

Mexico

Region

Latin America and the Caribbean

IFC Approval Date

Jul 26, 2019

Status

Completed

Last Updated Date

Jul 2, 2022

Project Estimated Start Date

Jul 12, 2019

Project Estimated End Date

Dec 31, 2020

Project Description

The municipality of Los Cabos has requested IFC's services as lead advisor to structure and subsequently support the tender of two water projects under a PPP scheme to improve the water services for the 278,000 inhabitants of Los Cabos. The two projects are; "Non-revenue water project" and the " New Desalination Plant". The objective of the New Desalination Plant project is to design, finance, construct, operate and maintain the plant to increase the supply of drinking water to the municipality. The objective of the Non-revenue water project, is to to design, finance, construct, operate and maintain the required assets to (i) reduce the non-revenue water and (ii) improve the collection rate.

Development Results

E&S Risks / Impacts and Mitigation