What is driving water now?
- From: Vol 4, Issue 7 (July 2003)
- Category: Analysis
- Region: Unspecified
- Country: United States
- Related Companies: Darco, Hyflux, NordLB, RWE, Suez and Veolia Water
Project finance is a politically acceptable alternative to full privatisation. But can it last?
The water industry is almost unique in that it is not driven by consumer demand. It is driven by the supply of investment. This in turn is driven by the contractual/regulatory framework and the outlook of the institutions making the investment.
The result is that the industry often shows confusing patterns of growth. Right now, for example, demand for ...
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