Mexico’s national water agency, Comision Nacional del Agua (Conagua) and Colima State have agreed to build the multipurpose El Naranjo 2 Dam for an estimated 1.06 billion pesos (US$97.4 million).
Mexican President Vicente Fox took part in an August ceremony in which Conagua Director Cristobal Jaime Jaquez and Colima Gov. Silverio Cavazos Ceballos signed an agreement of coordination to build the project.
El Naranjo 2 includes an 85-meter-tall, 256-meter-long dam on the Marabasco River, impounding 135 million cubic meters of water for consumption, irrigation, and flood protection. The project also is designed to generate electricity.
In the first stage of development, costing 714.7 million pesos (US$65.7 million), Conagua is to invest 517.5 million pesos (US$47.5 million), while Colima and Jalisco states each are to contribute 98.6 million pesos (US$9 million).
Conagua’s Carolina Vazquez told Business News Americas Conagua must complete an agreement with Jalisco and Mexico’s environment ministry, Secretaria del Medio Ambiente y Recursos Naturales (Semarnat), must complete an environmental study before work could begin, possibly in 2007.
For information, contact Comision Nacional del Agua, Av. Insurgentes Sur No. 2416, Piso 11, Colonia Copilco El Bajo, C.P. 04340 Mexico, D.F., Mexico; (52) 5-1744062; Fax: (52) 5-1744061; E-mail: firstname.lastname@example.org; Internet: www.cna.gob.mx.