Veolia defends its position after Gabon audit

A recent study found that Gabon’s water concessionaire is falling short of expectations and will not meet its infrastructure investment targets. The report fails to represent the whole picture, argues Veolia’s Patrice Fonlladosa.

The government of Gabon has asked Société d’Eau et d’Energie du Gabon (SEEG), the company in charge of the country’s electricity and water production and distribution, to produce a five-year investment plan following a recent audit of the company’s performance.

SEEG, whose majority shareholder (51%) is Veolia Water India Africa, signed a 20-year concession...

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