Mekorot prepared for private sector participation
- From: Vol 5, Issue 2 (February 2004)
- Category: General
- Region: Middle East
- Country: Israel
- Related Companies: Mekorot, Suez and Veolia
Veolia and Suez are in the frame for a strategic partnership. Israel’s bulk water supply company is to be restructured to enable private sector participation in some of its activities. The finance ministry and Mekorot finally agreed the plan in January, after five years of negotiations.
The deal opens the way for foreign water companies to become involved in Israel’s water sector. Suez and Veolia have already held talks with the minister of National Infrastructures and the chairman of Mekorot.
Infrastructures and the chairman of Mekorot. According to the restructuring plan, Mekorot National Water Company will become a holding company with three subsidiaries: one entity ...
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