Jakarta Water Negotiations hit impasse because of legal challenge
21 October 2014
The remunicipalisation process for Jakarta water utilities is awaiting the outcome of a court decision wherein a number of local groups have challenged the legitimacy of the original concessions awarded over ten years ago. The outcome could determine whether the city could avoid to pay huge sums to buy out the remaining years of the concession contracts.
Business negotiations over a plan for the city administration to take over private water company PT PAM Lyonnaise Jaya (Palyja) have been put on hold pending the conclusion of a class action suit initiated by members of the public reports the Jakarta Post. Read the full article
Also see on our website: