Thursday, March 11, 2010

Concern Over Water shortage

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1 comment:

Anonymous said...

"Couldn’t the Government offer shares to the public and guarantee a return on investment of 6% per annum; that’s double the amount on the average bank savings? We are convinced that St. Lucians would invest even more than the 13 Million or so dollars that we were requesting of the investors during the recent bid for privatisation."

Has WASCO ever made a profit?
How would they be able to provide such a guarantee? Would it more like WASCO issued bonds rather WASCO shares?
How would the management structure of WASCO change after such an investment of private investors money?
How much would the new WASCO be able to raise water rates to ensure profitability?

March 11, 2010 at 1:15 PM

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