1469 articles in Americas
THE BRAZILIAN GOVERNMENT is preparing to submit a bill to congress in February designed to overcome the main obstacle to privatisation in the water industry – the question of who has the right to control service concessions.
SÃO PAULO state governor Mario Covas is said to be considering the sale of 38% of the state’s 88% ordinary shareholding in Sabesp to a private sector partner.
It is still too early to know exactly what effect the new administration of President George W. Bush will have on the US water industry, but a clear picture is beginning to emerge.
THE BOARD of the Metropolitan Water District of Southern California (MWD) has granted final approval of a new, two-tiered rate structure and regulatory regime which will lay the foundation for a more open, market-based water supply system.
A BRAZILIAN CONGRESSMAN has proposed in his report to the Special Congressional Commission for the São Francisco water transfer project that part of the finance for the plan should come from the profits of Chesf (Companhia Hidraeletrica do São Francisco).
THE INTERAMERICAN DEVEOPMENT BANK (IADB) has granted Brazil a US$212.5 million credit line for basic sanitation works.
SPAIN’S INIMA is seeking to gain three more, as yet unnamed, city water service concessions in São Paulo state.
IPE-AGUAS DE PORTUGAL (AdP) is to take a controlling interest in Prolagos, the basic sanitation service concessionaire for the Lake District (Regiao dos Lagos) in the north east of Rio de Janeiro state.
THE WINNERS of Brazil’s Barra de Tijuca outfall and Jacarepagua basic sanitation tenders should be known by the middle of this month according to Alberto Gomes, president of Cedae, Rio de Janeiro’s state water company.
THE BRAZILIAN GOVERNMENT is to allow private, state and municipally owned water companies to issue bonds on the financial markets for specific projects.