clean water
Tap ‘Dancing’

Recapital Advisors and Bakrieland are hunting for clean-water businesses. Foreign investors are following.

June 3, 2008

ALMOST four years ago, the Regional Drinking Water Company of Bandarmasih nearly died. Since its establishment in 1976, not once did the company owned by the Municipal Government of Banjarmasin City, South Kalimantan, make any profits.

During the dry season, water sometimes evaporates. Consequently, the Banjarmasin administration must always use its own money to cover Bandarmasih’s operational costs. Debts to the central government are never s

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