Union of Local Authorities chairman Adi Eldar: Privatization will result in consumers paying 70% more for their water.
The Union of Local Authorities in Israel has asked the government to delay implementation of the water privatization law by two years. Union of Local Authorities chairman Adi Eldar said that privatization would result in consumers paying 70% more for their water. He added that private companies would not only avoid taking water saving measures, but would encourage waste, which would boost their profits.
Ramat Gan Mayor Avi Bar also opposes privatizing the municipal water companies. He claimed that the government was pushing a program that had already been shown to be a dismal failure in Europe. He added that, a few weeks ago, 40 French local authorities, including the Paris municipality, said that the privatizing of the water companies was a failure and that the companies should be brought back under the authority of the municipalities.
Published by Globes [online], Israel business news - www.globes-online.com - on July 30, 2008
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