2005 - 2006 - Pinsent Masons Water Yearbook 2012

FRANCE PART 3 (i): COMPANY ANALYSIS: MAJOR PLAYERS
Water coverage 1993 coverage 2000 target 2000 actual
Libreville 49.3% 53.0% 61.3%
Franceville 38.6% 43.0% 58.0%
Port Gentil 37.7% 43.0% 49.5%
There were 86,500 customer connections in 2004, including 11,320 which have subsidised
connections using less than 15m 3 per month. By 2004, the connection rate had risen to 68%, with
192,000 people in worse off areas being connected to water and sewerage since 2002.
Kenya
VE and its local partner Saureca Space were awarded a management contract in December 1999 for
water services in Nairobi. The contract involves improving basic services and reducing distribution
losses from their current 50% level for some 2 million people. The contract may be developed into a
BOT or concession contract at some point in the future.
Chad
2000 STEE Phased privatisation Up to 7 million water
Société Tchadienne d’Electricité de l’Eau (STEE), Chad’s water and electricity utility, is being
privatised in a series of phases. From 2000 there will be an O&M contract generating F180 million per
annum. Afterwards, if agreed between the various parties, VE will become the majority holder in
STEE through a F10 million stake and F10 million in creating the new management company for
STEE. The Agence Française de Developement (AFD) provided €5.1 million and the World Bank
provided €10 million to start this process.
Morocco
The two concessions currently serve 511,000 customer connections, including 16,000 low cost water
and sewerage connections. A particular emphasis has been placed on water network efficiency:
% efficiency 2002 2004
Tangier 60.9% 73.4%
Tétouan 52.7% 66.0%
Rabat 68.0% 81.7%
2001 Tangier & Tétouan 25 year concession 1.2 million water & electricity
The concession serves a total of 23 districts within the two cities. VE is the lead company in a
consortium comprising ONA of Morocco, SOMED (Morocco and UAE) and Canada’s Hydro Quebec.
The two concessions cover water, wastewater and electricity services for 23 districts within the two
cities, serving a total of 1.2 million people. The Tangiers contract will generate revenues of €66 million
per annum from 2001 and the Tetouan contract will generate revenues of €39 million. By the fifth
year, they will generate combined revenues of €130 million per annum. The concessions involve
network and service maintenance, with an emphasis on extending and rehabilitating sewerage
services. The concessions will also be designed to take into account the population growth
anticipated over the duration.
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Pinsent Masons Water Yearbook 2005 – 2006