Water privatization in Bolivia

The privatization of water supply and sanitation in Bolivia took place during the second mandate of Bolivian President Hugo Banzer (1997–2001) in the form of two major private concessions: one in La Paz/El Alto to Aguas del Illimani S.A. (AISA), a subsidiary of the French Suez (formerly Lyonnaise des Eaux) in 1997; and a second one in Cochabamba to Aguas del Tunari, a subsidiary of the multinationals Biwater and Bechtel in 1999. == Background == The World Bank and the International Development Bank highlighted water privatization as a requirement for the Bolivian government in order to retain ongoing state loans.

Source: Wikipedia — Water privatization in Bolivia (CC BY-SA 4.0)