Latin American lending starts to pick up
- From: Vol 5, Issue 3 (March 2004)
- Category: General
- Region: Americas
- Country: Brazil, Chile, Colombia, Mexico and Panama
- Related Companies: Cascal/Biwater, Desalant, Moody’s, Ofwat, Royal Bank of Scotland, RWE/Thames (Water), Saur, Saur/Bouygues, South East Water, Standard & Poor’s, United Utilities and Veolia Water
The private sector doesn’t want to invest in Latin America any more. How are the multilateral lending institutions coping?
Latin America is currently one of the most challenging regions for multilateral lending institutions working in the water sector. Interest in the region from the major private European water companies has dried up, and populist politicians with a sceptical view of multilateral lenders are gaining favour.
“It has been hard going for us”, says Susan Wermcrantz of the IADB’s ...
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