Over 5,800 real estate development projects have not received approval from the National Water Commission (NWC) over the past two decades, representing 35% of processed applications. This situation complicates matters for developers who often have to seek alternative water supply sources. The NWC is facing challenges with aging infrastructure and estimates that it needs nearly $26 billion per year to modernize its systems.
5,800 real estate projects blocked by the NWC in 20 years
This article was updated at 02:00.