The Ministry of Environment and Natural Resources unveiled a “Decree creating administrative benefits on the issuance of water concession titles to users holding concession titles that expired after 1 January 2004.”
Water concession holders that have lost the rights over their titles due to the expiration of their term or because of lapsing (caducidad) may request new titles with administrative benefits.
Certain criteria is established to determine if a user is subject or not of this benefit. For instance, the need to demonstrate that they have not discontinued the use of national water under the corresponding concession title.
The deadline for taking advantage of the benefits established by this decree is 31 December 2018.
We are ready to assist your company in taking advantage of these benefits.