LIMA Feb 18 Peru plans to invest $3.1 billion
(8 billion soles) through 2016 to bring water to all residents
in metropolitan Lima, officials said on Monday.
About $1 billion for the projects would be made available
as concessions to private investors, Housing Minister Rene
Cornejo said, while the rest would come from the government -
financed in part by external debt and higher water fees.
The investments will fund 148 projects to broaden access to
drinking water and sewage services across Lima and outlying
neighborhoods, benefiting nearly 2 million of the capital's 9
"For every sol invested in sanitation, 7 soles are saved in
health costs," said Cornejo. "This is part of our strategy."
(Reporting By Omar Mariluz and Terry Wade; Editing by Philip