Tuesday, December 10, 2024

Feds allocate 386 million pesos for new dam in Nuevo León

The federal government has agreed to provide 386 million pesos (US $20.5 million) to Nuevo León to build a new dam in the south of the state, the governor said yesterday.

Jaime Rodríguez Calderón said the federal money for the Libertad Dam – to be built on the boundary between the municipalities of Linares and Montemorelos – is expected to arrive shortly after Easter.

The state government will contribute another 386 million pesos to the construction costs, he explained.

The governor and former presidential candidate commonly known as “El Bronco” said that there will be a public tendering process to find a construction company for the project, which will supply water to as many as 750,000 people in the metropolitan area of Monterrey.

Earlier this month, the National Water Commission (Conagua) granted a 30-year concession for the San Fernando river basin to the state government, allowing it to move ahead with the dam project.

In the first stage of construction, an investment of 772 million pesos (US $41 million) will be needed to acquire more than 200 private and communally-owned properties in the area, and to carry out technical studies.

The dam will be built on a 2,292-hectare site and is expected to be completed in 2021.

Source: El Economista (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
Outside a Volaris airplane window, a Mexican National Guard member in a yellow safety vest escorts a handcuffed man in a white T-shirt away from the plane.

Volaris passenger arrested after attempting to hijack plane and divert it to US

0
The would-be hijacker said he was facing death threats and planned to seek political asylum in the United States.
A portrait of former ambassador to Mexico Christopher Landau in the Mexican desert wearing a business suit

Trump taps former ambassador to Mexico for US deputy secretary of state

1
If approved, the Mexico-U.S. relationship "would keep being one of my top priorities," Landau wrote in a Spanish-language social media post.
A note tallying purchases at a Mexican market

Inflation hits 9-month low as Banxico eyes fresh rate cut

0
The November rate was just below the 4.6% median estimate of economists surveyed by Bloomberg.