Head of the Barbados Private Sector Association (BPSA), Edward Clarke, says Barbadians should not fear prices going up if Government privatises some state-owned enterprises (SOEs) or enters into private/public sector arrangements for their operation.
However, he reminded the public that investors would expect a “viable return” on their investment.
In her national broadcast on Sunday, Prime Minister Mia Mottley said Government was considering divesting some SOEs which had become a burden on the public purse.
On the implications for such private sector ownership, Clarke told the DAILY NATION on Monday: “I think that anybody who gets into a service provider situation from a Government/private sector partnership will obviously want to have some return on their investment. But I can assure you that once the private sector is involved, it will be looked at very seriously.” (GC)
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