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Excerpts
from: U.S. TRADE AND DEVELOPMENT AGENCY - ANNUAL REPORT (page 20)
TDA has also been involved in a number of hydrological
projects in Venezuela, in cooperation with HIDROVEN. HIDROVEN and 10
regional hydrological subsidiaries were created in 1990 by Venezuela in
the restructuring process of drinking water and sanitation. As a result
of the disastrous floods in December 1999, HIDROVEN and its subsidiaries
requested help from TDA to address its priority projects. As a result,
TDA funded four feasibility studies, which are profiled in the
accompanying sidebar.
With over $2 million invested in environmental projects
in Latin America this year alone, we are confident U.S. environmental
companies will enjoy success in this sector as these projects move
toward implementation. With a number of additional major environmental
projects on the horizon for 2001, early indicators point to sustained,
long-term growth as environmental concerns continue to influence
investment priorities in the region.
TDA recently invested in four feasibility studies
sponsored by Hidroven, the Venezuela national water company:
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Hidrocentro Wastewater Treatment Facility Project
– TDA is investing $173,000 in a feasibility study to examine the
development of a wastewater treatment facility in the La Victoria
and San Mateo areas an the expansion and rehabilitation of the
associated collection and pumping systems.
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Aguas de Yaracuy Wastewater Treatment Facility
Project – Aguas de Yaracuy is the utility providing water and
wastewater treatment to the 420,000 residents in the state of
Yaracuy. Currently, wastewater treatment is provided by inadequately
functioning oxidation lagoon systems, leading to wastewater being
discharged into adjacent rivers. TDA is investing $230,000 in a
feasibility study to examine development of more modern wastewater
facilities.
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Hidrosuroeste Water Storage Reservoir Project
-Hidrosuroeste, in southwestern Venezuela, faces a number of
problems with its current potable water system and in supplying
potable water to its customers; The proposed project, for which IDA
is providing $170,000 toward the feasibility study, entails the
development of an "off-line" raw water storage reservoir
and expanded water treatment facility.
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Hidrocaribe Pump Station Renovation Project -Until
it ceased to function, this pump station delivered water from the
Cumana system across Golfo de Cariaco to residents located on the
Peninsula de Araya. Unfortunately, the equipment at the pump station
is severely deteriorated and now obsolete. IDA is providing $70,000
for this feasibility study.
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