The challenge of Dresden’s wastewater privatisation
- From: Vol 4, Issue 7 (July 2003)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: Fichtner, Luther Menold and Sal Oppenheim
German law and an existing leasing deal complicate a proposed sell-off of the city’s wastewater activities. The transaction could take up to a year and might not even be successful.
A pioneering decision by the east German city of Dresden to partially privatise its wastewater activities has started attracting considerable attention both in Germany and overseas.
On the one hand, the legal foundation for privatisation of municipal wastewater activities in Germany is not in place yet. The matter is further complicated because Dresden has leased some of its wastewater plant ...
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