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Water in Northern America
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LatAm could double water investment
AMERICAS, 2013/11/10 Latin America could additional than double its much-needed investment in drinking water and sanitation services simply by controlling the widespread inefficiency in the industry, development bank CAF said in a statement. CAF estimated that Latin American nations lose US$5.78bn a year due to delinquencies, over employment in the industry and water lost due to misused or broken pipes. That all additional than doubles Latin America's US$4.4bn a year investment in the industry and could help close the gap with the US$12.5bn a year CAF estimated the region needs to expand sanitation services and provide universal drinking water access.
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