Abstracts » Business, international

Peru's post-election surge

Article Abstract:

The Peruvian government is likely to sell minority stakes in a number of utilities following elections held in 1995. The government aims to promote popular capitalism so will focus on domestic small investors rather than foreign investors and institutions. Companies likely to be privatized include telecoms and electricity enterprises, in addition to power generating firms such as Edegel, and Cementos Sur, a cement producer. Sedapal, a water and sewage utility, is also scheduled for privatization.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Water Supply and Irrigation Systems, Telecommunications, Electric Power Generating, Electric Power Generation, Water Utilities, Telecommunications industry, Economic policy, Securities

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Peru rethinks strategy

Article Abstract:

Peru may review its privatisation strategy because of the border conflict with Ecuador. It has resulted in increased demand for fuel to transport troops to the combat zone, and the Petroperu refinery, which had been scheduled for sell off, has been working around the clock to meet demand. Banco Continental and Cahua, a small generating unit owned by Electroperu, are still scheduled for auction ahead of the April polling.

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Peru on hold for election. (Peru puts privatisation programme on hold prior to general elections)

Article Abstract:

Peru has put its privatisation programme temporarily on hold prior to the general elections which are scheduled for April. The privatisation of Edegel, an electricity generating company, Sedapal, a water and sewarage monopoly and Centromin, the state mining company have all been postponed. Cahua, a small hydro electric plant is the only Electroperu unit scheduled for early privatisation.

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