Thursday, May 3, 2007

Saudi Arabia, the great example

"Saudi Arabia began privatising water services after shortages sparked riots last November in Jeddah. Loay Bin Ahmed al Musallam, the deputy water minister, said the first contract to manage water supplies for Riyadh would be awarded this year. By 2010, private companies would provide water for half the population, he added. Saudi Arabia plans to invest $37bn over five years to improve water pipelines. Even after putting contracts out to tender, governments still face politically sensitive decisions. In Saudi Arabia, for example, water tariffs are among the lowest in the world. Mr Musallam said Saudis consumed twice as much water as Britons."

Who's going to get all the contracts and make all the money? Who? Tough question, right?

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