Top 10 reasons why privatization of DCWD will fail

DAVAO CITY — With two-thirds of the world�s population expected to run short of fresh drinking water by 2025, water has come to be known as �the oil of the 21st century.�

Multinational corporations and their local corporate partners are parlaying the misery of our water-starved regions into profits for their stockholders and executives. And, when cash-strapped communities are unable to make necessary water upgrades, private companies persuade them to sell off their public water systems. But time and time again, these privatization schemes have failed.

Locally, the Board and management of Davao City Water District (DCWD) is now pushing through with the plan to avail a PhP 100-million loan from the Local Water Utility Administration which they claim to be used for the �Comprehensive Mainline Replacement Program (CMRP).
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