Article
Bechtel Drops $50 Million Claim to Settle Bolivian Water Dispute [Bolivia]
Bechtel, a global engineering and construction company based in San Francisco, today reached agreement with the government of Bolivia, dropping a legal demand for $50 million after a revolt over privatizing water services in the city of Cochabamba forced the company out of Bolivia in April 2000. [also refers to other investors in Cochabamba private water operator Aguas del Tunari: Abengoa, Befesa, Edison (Italy)]