Mexico to Invest $31.9 bn in Water Infrastructure

President Enrique Peña Nieto said Mexico plans to invest 415 billion pesos ($31.9 billion) in water infrastructure between 2014 and 2018 to guarantee all Mexicans have access to that vital resource.

Speaking at the conclusion of a meeting of the World Water Council's Board of Governors, Peña Nieto said Mexico is aware of the water challenges at the global and national level.

"Today, 35 million Mexicans have limited water access," the president said, recalling that per-capita water availability in the country fell from 18,035 cubic meters (635,650 cubic feet) in 1950 to 3 . . .