Making the most
of the nation’s liquid assets
PROVIDING A VITAL
RESOURCE, THE WATER AND SEWERAGE
SECTOR NEEDS CAPITAL INVESTMENT TO COPE WITH GROWING DEMAND FOR ITS SERVICES,
AND FOREIGN COMPANIES COULD PLAY A PART IN ITS FUTURE
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RICHARD
GREENE
General Manager of Water and Sewerage Corp. |
THE AVAILABILITY OF WATER is crucial not just for public health but also as part of the infrastructure on which economic development rests. "It is only natural that with growth you need infrastructural growth," says Richard Greene, General Manager of the Water and Sewerage Corporation (WSC). "Without a doubt, I see us continuing to play a role in that."
The corporations
mission is to ensure and control the optimum development and use of water resources.
It is responsible for providing water for domestic and other uses, drainage
and disposal of sewerage and other effluent, and for extending the water and
sewerage systems.
The WSC was created in 1976, a time when water was in such short supply on New
Providence Island that it was only available for part of the day. "This
caused the government to embark on what was regarded at the time as an interim
water scheme whereby water was transported to New Providence by barges from
the nearby island of Andros," says Mr. Greene. "What started out as
a short-term scheme extended to what we realize today. Andros now provides approximately
50 percent of the supply for New Providence."
The other
50 percent is made up of ground water from New Providence together with two
million gallons provided per day through so-called reverse osmosisby which
drinking water is produced from salt water. This is provided under contract
with the WSC by the Waterfields company, a joint venture between Bacardi and
Desalco of Bermuda, from their reverse osmosis plant in New Providence.
The WSC has been focusing a fair amount of its improvements on the Family Islands
in line with the desire of the former prime minister, Hubert Ingraham, to see
them gain a greater market share in the tourism sector. The corporation has
embarked on a Family Island water supply improvement project with the Inter-American
Development Bank for the islands of Abaco, South Eleuthera and Exuma.
Coupled with the production and use of potable water, there is also the need
for sewerage collection, treatment and disposal in an environmentally friendly
way. There is a growing demand for improving and expanding waste water operations.
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LOOKING
AHEAD A 10-year corporate plan will map out the WSC’s future
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"Sewerage
is a very expensive venture," says Mr. Greene. "Even in more developed
countries you will find that, for the most part, municipalities find themselves
subsidizing sewerage at the expense of their water tariff simply because the
cost of collecting, treating and disposing of waste water is higher than collecting,
treating and disposing of potable water."
He sees the area of sewerage as "a primary focus" for the corporation,
and believes foreign investors could get involved. "Bearing in mind that
the demands on central government are so broad, I would like to think that there
will be more chances of sewerage works getting under way with private sector
assistance or with partnershipsnot necessarily Bahamian, but possibly
from abroad, with investors seeing The Bahamas as a good place to get a return
on their money.
"There
is a good future for investment in the water and sewerage sector and there is
going to be a considerable need for capital investment in terms of the building
of a waste water, collection, pumping and treatment and disposal system, particularly
here in New Providence, which is the most densely populated island."
The WSC is working with the Inter-American Development Bank on a corporate business
plan for at least the next ten years. "We have made it known that we dont
need another study that will be placed on bookshelves to gather dust. It must
be a good working report that can be put into immediate use," says Mr.
Greene.
Privatization could be part of the WSCs future, although Mr. Greene says
it is unlikely to take place soon. "In terms of our readiness for privatization,
the telephone company and the power company are very much ahead of us. We still
have some painstaking growth that needs to be taken care of for us to be more
marketable. I dont think we are quite ready for it yet, but if we make
full use of a good corporate plan we could become an attractive entity for privatization
in the very near future."
Mr. Greene
joined the corporation in 1978 and is due to retire this year. In addition to
witnessing the WSCs growth, he has been pleased to see it become virtually
Bahamanized.
"We started out with almost total reliance on expatriates to help us manage
the company. Over the years we have been able to replace them with trained Bahamians
and I am proud to say that we have a good cadre of technical and non technical
Bahamian managers," he says.
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