1434 articles in Americas
THE FIRST PUBLIC AUDIENCE to discuss the Barra de Tijuca outfall pipeline and associated basic sanitation works was held on 30 August.
AGUAS DE BARCELONA and Suez Lyonnaise des Eaux, owners of a 42% stake in Chile’s Emos (Empresa Metropolitana de Obras Sanitarias), say they have no plans to merge the utility with the recently acquired Aguas Cordillera.
THE PRELIMINARY PROSPECTUS for the water and sewerage concession for the Barra de Tijuca region of Greater Rio de Janeiro was published at the end of July.
THE STATE GOVERNMENT of São Paulo and the Inter-American Development Bank (IADB) have signed a $400 million finance contract for the second stage of the River Tiete clean-up project.
SUEZ LYONNAISE DES EAU X (SLdE) has acquired 67% of United Water Resources (UWR), the second largest water distribution company in the US. The move gives SLdE total control of UWR on the regulated US market.
THE JAPAN BANK for International Co-operation (JBIC) is to provide $65 million for basic sanitation in São Luiz, capital of Maranhao state, and $108 million for improving existing sewage systems in the states of Bahia, Ceara and Paraiba in the north-east of Brazil and Mato Grosso in the west of the country.
THE PRIVATISATION OF EMBASA is not likely to be finalised until next year according to the Brazilian National Development Bank, BNDES.
Vivendi dominated the news in Europe in June with the planned IPO of its Environment Unit and the three-way merger with Seagram and Canal Plus making the headlines. Shares in the French conglomerate ended the month lower amid concerns over the merger.
US private operators are failing to cash in on global water privatisation markets because deregulation of their own domestic industry has not gone far enough. Unless US government policy changes to allow substantial private investment in water infrastructure, they will continue to be at a disadvantage.
Central American countries, battered by Hurricane Mitch in October 1998, are undertaking programmes to repair their urban water supply systems and set up sewerage services for thousands of households. The private sector can potentially play a significant role in this reconstruction of Central America’s water industry.