PDA

View Full Version : United Nations likes re-privatization



NewsWhore
02-19-2007, 04:30 PM
The secretary general of the United Nations Conference on Commerce and Development (UNCTAD) is suggesting that in order to make the electricity system sustainable, it should be privatized again. Supachai Panitchpakdi confirmed that the levels of fraud and non-payment that exist in the Dominican Republic are beyond any possible regulating framework, and this can only be solved by private industry. For the UNCTAD spokesperson, privatization includes transmission and the 22 hydroelectric facilities currently in existence. These two areas are currently the exclusive property of the CDEEE. Maximo del Orbe, the project manager for the Dominican Republic, told El Caribe reporters that illegal connections to the network were a major factor, and a study is due to be completed by the end of 2007 that would provide solid recommendations for resolving these issues. The study will be called the Investment Policy Review.

More... (http://www.dr1.com/index.html#6)