Carnival time in Montevideo as private sector water opportunities burst forth

The failure of foreign water companies in Latin America has made Uruguay wary of the private sector. Now, Montevideo appears to have seen the light.

For decades a country staunchly against private sector involvement in water, Uruguay’s state-owned water utility OSE is now willing to open up to companies eager to invest in waterworks, as the South American nation seeks to modernize its drinking water and sewerage networks, the government and OSE officials say.

While OSE will remain fully controlled by the state, the ...

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