Thames to exit PAM Jaya
- From: Vol 7, Issue 8 (August 2006)
- Category: General
- Region: Asia
- Country: Indonesia
- Related Companies: Glendale International Corp, RWE/Thames (Water) and Suez
As GWI goes to press, a deal to get Thames is also getting out of Jakarta.
Thames Water’s planned exit from Jakarta is being held up by the Jakarta city water regulator, although a deal is expected shortly. Thames has held a 95% stake in Thames PAM Jaya, covering the east side of the city since 1997. Like Palyja it was badly affected the Asian crisis of 1998. Unlike Suez, RWE Thames Water has been ...
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