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View Full Version : Marranzini pushes for privatization



NewsWhore
12-10-2009, 04:50 PM
Vice president of the State-owned Electric Companies (CDEEE) is once again expressing his support for the privatization of the nation's energy distributors, arguing that this is the best option for the sector to recover. He added that the role of private investment in the generation sector must be increased to reduce the perception that investing in generation is risky business.
Marranzini also criticized the government's continuing subsidies to the energy sector, calling them large sums that become losses. He says that the US$3 billion given yearly to the energy sector is equivalent to the level of remittances the DR receives each year.

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