abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

19 Jan 2006

Author:
Paul Harris, San Francisco Chronicle

Bechtel, Bolivia resolve dispute - Company drops demand over water contract canceling

...Bechtel Corp. has dropped a $25 million dispute against the Bolivian government for canceling a water contract, after major street demonstrations forced a Bechtel-owned subsidiary [Aguas del Tunari] to withdraw from Bolivia's third-largest city...The Bolivian government took over the water concession after thousands of residents protested water rates that increased reportedly by as much as 200 percent. In ensuing clashes with the army, a 17-year-old protester was shot to death and hundreds were injured.