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Why Irish Water Will Be Sold Off
05 Jun 2014; posted by the editor - Ireland
By Luke Eastwood
Water is becoming a corporate resource - the sell off of Irish Water is almost certain Call me a cynic, but I am absolutely convinced that the current Irish government has created Uisce Eireann (Irish Water) with the sole purpose of selling Ireland’s water rights to the private sector within the next decade. Already Uisce Eireann has wasted over €80 million euro in consultancy fees paid to the private sector and it will continue to use private sector contractors to carry out its work, at as yet unknown cost. It is only the fact that it would be political suicide for the government right now that prevents a share issue in the near future.
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