The government is looking to recover a privatized water utility

The government is looking to recover a privatized water utility. “Tumbes may be incorporated into a government plan to invest 532mn soles (US$160mn) this year to overhaul the country's bankrupt municipal water companies known as EPS, Bruce said. State water regulator OTASS is already operating a dozen of the country's 47 bankrupt EPS. Tumbes is a major fishing and agricultural area that is also home to oil and gas operations, including state oil company Petroperu's Talara oil refinery. (…) The bid to take over another private concession comes after the government previously announced it would develop the US$510mn Chinchero airport project as a state-run venture after scrapping the contract previously awarded to concessionaire Kuntur Wasi.”

Published on

Mar 28, 2018




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