South Africa is setting up an office to facilitate private investment in the water industry to arrest its collapse and emulate the success of the nation’s electricity procurement agency that attracted more than $10 billion of private money into renewable energy.
The new office is another sign that South Africa’s government is trying to lure more private investment to arrest a decline in the quality of services of everything from energy and water to freight rail and ports. A cholera outbreak last month in Tshwane, the municipal area that includes the national capital of Pretoria, highlighted the state of a wastewater treatment plant that supplies many of the city of about 3.6 million’s poorest citizens.
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South Africa seeks water investment with new procurement officeSouth Africa is setting up an office to facilitate private investment in the water industry in a bid to arrest its collapse.
Source: SundayTimesZA - 🏆 47. / 51 Read more »