Peru concessions put on ice
- From: Vol 9, Issue 2 (February 2008)
- Category: General
- Region: Americas
- Country:
Local authorities in Peru are stalling the progress of key water concessions worth more than $400 million. Only two deals remain on track.
Four major water projects in Peru worth more than $400 million, which were considered key to opening the country’s water sector to foreign investment, have collapsed, as populist local authorities shun the concession process, sources at the government’s investment promotion arm say.
ProInversión says the two water concessions in the northern cities of Piura and Paita, which ...
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