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DBpedia 2015-10

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Matches in DBpedia 2015-10 for { ?s ?p "The privatization of water in Chile was undertaken from 1998 to 2005 under the democratically elected governments of Eduardo Frei and Ricardo Lagos. Chile is the only country in Latin America to privatize its entire urban water supply and sanitation sector. Chile experienced the most extensive restructuring in Latin America—transferring state ownership of assets to the private sector. In other Latin American countries, concession agreements for the provision of services, with the state retaining infrastructure, are more common. The privatization was preceded by a decade of restructuring, during which a regulatory framework was created, public utilities were transformed, tariffs were increased, and a system of subsidies for needy households was introduced due to the increase in costs to consumers. These reforms may explain the relative stability of water privatization in Chile compared to other countries such as Argentina and Bolivia.According to the World Bank's Private Participation in Infrastructure database, investment commitments by the private sector in Chile's water and sanitation sector reached US$5.7-billion in 1993–2005 through 20 projects, with US$4-billion of commitments made in 1999 alone through four projects. Seven projects were divestitures, ten were concessions, and three were greenfield projects in wastewater treatment plants."@en }

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