The NIS: a slow process of change
- From: Vol 3, Issue 1 (January 2002)
- Category: General
- Region: Europe
- Country: United Kingdom
- Related Companies: Acea, Mott MacDonald, Severn Trent Water and Veolia Environnement (formerly Vivendi Environnement)
Legal and institutional weaknesses in the Newly Independent States (NIS) are preventing the transformation of water utilities into autonomous and commercially run entities. While some notable sector reforms have occurred, the process of change from the command economy approach to commercial management has been slow.
Private sector participation in the NIS is, unsurprisingly, still in its infancy. To date there are only two private sector projects of note in the region. In Armenia, Acea has a four-year management contract to provide water and wastewater services to Yerevan. In Kazakhstan, a JV company which is 52% owned by Vivendi Water has signed a 30-year concession contract ...
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