The government is building irrigation projects and extending credit to drought-stricken farmers as the parched Andean country seeks to find ways to survive the lack of rains.
The state water firm has lined up a potable water treatment plant and two reservoirs as priority investment projects to be able to guarantee a constant water supply after major flooding forced the company to ration water services in Lima.
Atlántico is planning to spend US$175mn in Polonuevo, Baranoa, Sabanalarga and Luruaco, with US$78mn of the total earmarked for water and infrastructure projects.
The country's development bank is reportedly ready to start arranging a US$600mn facility for Odebrecht Engenharia e Construção so it can fund international projects.
Brazil's national development bank says builders involved in the graft probe can access financing provided certain conditions are met.
With support from development bank BNDES, the country is preparing waterworks concession in 17 states.
Marcelo Mena takes over from Pablo Badenier as Chile's environment minister.
Growing demand and the need to bolster infrastructure are key drivers of Aguas Antofagasta's four-year investment plan.