Goodbye International Water
- From: Vol 5, Issue 7 (July 2004)
- Category: Analysis
- Region: Unspecified
- Country:
- Related Companies: Bechtel, Edison, General Electric/Osmonics, International Water (IWL), ITT Industries, RWE/Thames (Water), Siemens, Suez and Veolia
The curtain has fallen on Bechtel and Edison’s joint venture to take water to the world. The world has moved on.
With the sale of its interests in the Scottish PFI projects (see story p25), International Water closed its doors last month. Already the concept of a company which exists to bring private water to far flung parts of the world looks quaint. Can anyone imagine investing hard currency in water projects in countries like the Philippines, Argentina and Bolivia now ...
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