Water Shortage Slows Investment in Cocle
REAL ESTATE investment in Cocle have been slowed by an ongoing shortage of water in the province
Developers will have to generate their own sources of private water.
In light of this situation, says CentralAmericaData the authorities do not seem to be in agreement over how the problem should be combated. "This year in Penonomé alone there are plans to build a thousand new homes and at least three malls, in Anton, there are plans to build three huge shopping malls, three hotels, the international airport and residential areas. However, the condition is that all of them are obligated to drill for private wells for water "
In the case of Penonomé, during the previous government the existing water treatment plant was renovated and it was announced that it would have a lifespan of 20 years, for up to 50,000 consumers, but its capacity has been exceeded by the population explosion in the area.
In Anton the dry season, high temperatures and the poor condition of the old equipment mean that an important sector remains without the liquid. In this area, the authorities have supported the water and sewage authority Idaan with buying new pumps and turbines, and are working on drilling and setting up three wells.