The failure of GPL to significantly cut back its technical and commercial losses has been deemed to be largely due to the lack of incentives for efficiency due to its ownership structure. Accordingly, its privatization was expected to generate commercial incentives to improve efficiency, while also enhancing private funding to develop the system. However the privatized venture failed to deliver the results expected and, after a few years returned to Government ownership. A future re-privatization of GPL is unlikely to occur before the regulatory and institutional framework of the sector is improved.