Comments on: Privatizing of Korean Utilities May Be Scrapped http://rokdrop.com/2008/07/18/privatizing-of-korean-utilities-may-be-scrapped/ Serving on the Forgotten Frontier Tue, 02 Dec 2008 11:45:40 +0000 http://wordpress.org/?v=2.6.2 By: Kalani http://rokdrop.com/2008/07/18/privatizing-of-korean-utilities-may-be-scrapped/#comment-179913 Kalani Fri, 18 Jul 2008 14:52:24 +0000 http://rokdrop.com/2008/07/18/privatizing-of-korean-utilities-may-be-scrapped/#comment-179913 Not quite. Some are progressing as planned, some are axed. Some KEPCO subsidiaries (power generation) were axed, but other KEPCO units are still on for privatization. But the point is that the GNP has said that "privatization is not a priority." There is not going to be a big push. Hell, they've been promising to do this since the IMF years of 1997-1998 and Kim Dae-jung and Roh Moo-hyun slow-leaked this. So why rush now? http://english.donga.com/srv/service.php3?biid=2008071849888 Not quite. Some are progressing as planned, some are axed. Some KEPCO subsidiaries (power generation) were axed, but other KEPCO units are still on for privatization. But the point is that the GNP has said that “privatization is not a priority.” There is not going to be a big push. Hell, they’ve been promising to do this since the IMF years of 1997-1998 and Kim Dae-jung and Roh Moo-hyun slow-leaked this. So why rush now?

http://english.donga.com/srv/service.php3?biid=2008071849888

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