In the late 1990s and following decade there was a sort of gold rush in the Czech Republic. But what the foreign prospectors were panning for was not gold but water itself. Clearly though they believed that water could be turned into gold.
The scenario we are talking about was the rush to buy out stakes in regional water companies. Sizeable shareholdings in these companies had been handed over to local towns by the state holding company, the National Property Fund. But the towns, cities, and districts did not really know what to do with this windfall – perhaps waterfall – and opted for the obvious, to sell up.
Read the article.
Read alco an article by ihned.cz (in Czech) in interest of the Chinese investor Sino-CEE in Czech water.