Angola plans to open the management of hydro resources and water distribution to private initiative, reports the daily Jornal de Angola, citing Energy and Water Minister João Baptista Borges.
The measures meant to open the sector to private interests, namely the Water Supply Regulation and Hydro Resources Management Regulation, should soon be approved by the government, Borges said.
Private enterprise is currently only authorised to exploit transportation in road tankers.
Borges announced the upcoming creation of eight provincial water companies in Benguela, Uíge, Cunene, Huambo and Huíla provinces, the Jornal de Angola report adds.
Benguela will have two new companies, one in the provincial capital and the other in Lobito. They will be responsible for maintaining the water systems now being installed, to ensure efficient equipment operation and a steady supply.
The announcement that the water subsector will be opened to private initiative comes less than a month after the minister indicated that the electric power subsector would undergo a major reform, with three companies set up to take care of production, transport and distribution. (macauhub)