The water and waste sector lags sadly behind other infrastructure sectors in the private investment it receives, accounting for only 5%5 of the total including energy, telecoms and transport. By the end of 2006 526 PSP projects worth a cumulative total of $53 billion had been closed in the water and waste sector in developing countries and a further amount in the developed countries. In terms of numbers of people served, the private water sector accounts for 10-12% of the world’s population in 2008, double the proportion ten years ago and the share is expected to increase.
There has been an increasing number of reversals, especially in Latin America and Africa. 53 PPI projects have been cancelled or were in distress, totalling $16.4 billion by the end of 2006. 53% of cancellations were in Latin America and 47% in Asia Pacific. The cancellations have not all been one sided, they have been instigated either by governments, by popular opposition or by the concessionaires. The increasing opposition and politicisation of water privatisation should not be ignored because it will not go away. Anti-privatisation activists have succeeded in forcing a number of reversals of PSP contracts and opposition has been especially strident in Africa and South America. Those in favour of privatisation tend to see water as an economic proposition. Governments are concerned with their responsibility to provide a service to the people and they accept that commercial profit may be a part of this. It may also be more efficient and cheaper. Those who are against privatisation hold the position that water is a basic human right, that should be available to everyone, if necessary at no cost to the consumer.
- This report provides a comprehensive overview of the global water sector
- The situation in each country regarding ownership and the regulation of the market
- A global survey of water & waste deregulation
- Types of water & waste privatisation
- The reasons for liberalisation
- An extensive series of tables, charts and graphics are contained in the report
Also available with this water market research report is a comprehensive directory of global electricity regulators including – country, region, regulator name, address, tel, fax and email (where available).
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For more information on the rest of the topics we cover within the water and waste market please go to our water and waste market research page.
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