Staying above water

Article Abstract:

Ayala Corp.'s bid for as Manila, Philippines water privatization project was ambitious in that it seeks to cut water tariff rates by 30% for consumers over the first 10-years of the project. Other competing bids ranged from between 56% and 69%. Ayala was awarded the 25-years water utility concession for the east zone of Manila. Ayala is a consortium that includes Bechtel Enterprises and United Utilities of the UK.

Water Supply and Irrigation Systems, Water supply, Water Utilities, Management, Foreign operations, Privatization, Privatization (Business), Philippines, United Utilities PLC, Ayala Corp., Bechtel Enterprises

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Kepco hopes for premium to narrow

Article Abstract:

Kepco, the giant South Korean electric utility company, is proceeding with privatization with a planned $100 million stock issue. This offering will reduce the government's ownership by 5% at could be worth up to $900 million at the time of sale.

South Korea, Electric Utilities, Electric Power Generation, Transmission and Distribution, Organizational history, Asia, Electric services, Statistical Data Included, Securities, Korea Electric Power Corp.

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