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NotiSur PDF file 1995 right arrow Mar

Bolivia Proceeds with Privatization of Electric Utility, Telecommunications Sector

LADB Article ID: 56189
Category/Department: Bolivia
Date: 1995-03-30
By: LADB Staff

On March 22, President Gonzalo Sanchez de Lozada's administration called on foreign investors to begin submitting bids to purchase the state electric company Empresa Nacional de Energia Electrica (ENDE) and the telecommunications enterprise Empresa Nacional de Telecomunicaciones (ENTEL). The announcement marks the formal initiation of the "state capitalization plan" (plan de capitalizacion), a novel privatization program that the government began preparing in early 1994.

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