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NADBank to finance $28 million worth of border projects

The board of directors for the Border Environment Cooperation Commission (BECC) and the North American Development Bank (NADBank) have certified and approved over $30 million in funding for six new environmental projects along the U.S.-Mexico border.

The financing package includes $28 million in loans and an additional $2.37 million in grants. The projects will benefit a population of 723,546 residents along the border region.

The BECC is an international organization established by the governments of the United States and Mexico to preserve, protect and enhance human health and the environment of the U.S.-Mexico border region. NADBank is a San Antonio-based financial institution, equally capitalized by the U.S. and Mexican governments, that exists to finance environmental-infrastructure projects along the U.S.-Mexico border. The BECC and NADBank board meets semi-annually to certify and finance individual projects.

These projects include five separate water and wastewater improvement projects for the Mexican communities of Tijuana and Playas de Rosarito in Baja California, Mexico.

The Comisión Estatal de Servicios Públicos de Tijuana (CESPT) is responsible for providing water and wastewater services to both Tijuana and Playas de Rosarito.

CESPT is undertaking four separate projects to expand its wastewater collection and treatment systems for the areas of Colonia Aztlán, Colonia Independencia and Colonia Lomas de Rosarito in Playas de Rosarito and to expand the Rosarito I Wastewater Treatment Plant.

The fifth project will involve expanding the potable water system in Tijuana, which will include the construction of two new storage tanks with a capacity of 2.4 million gallons. The fifth project will also expand the wastewater collection system in Tijuana, providing additional service for 15,667 residences.

All five projects represent a combined total investment of $37.8 million by CESPT for Tijuana and Rosarito.

NADBank is providing the $28 million loan for the Baja California projects. CESPT is also receiving grant funds in the amount of $2.2 million from the U.S. Environmental Protection Agency’s (EPA) Border Environment Infrastructure Fund, which is administered by NADBank.

The BECC-NADB board also certified a sixth project — worth $333,444 — for the expansion of the water distribution system in Colonia Esperanza, Chihuahua in Mexico. This project will allow for the investment of new waterlines, 360 new residential water connections, and a chlorine disinfection system. Grant funds totaling $166,722 from the EPA’s Border Environment Infrastructure Fund program will go toward the project.

Since its inception 14 years ago, the BECC has certified 159 environmental infrastructure projects along the U.S.-Mexico border, representing a total investment of approximately $3.23 billion. NADBank has provided some $964.5 million in loans and grants to support 128 of those projects.

BECC-certified and NADBank-financed projects are benefitting nearly 12 million residents along the U.S.-Mexico border region through improved infrastructure for a cleaner environment.

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