MWC wins 25-yr water supply deal in Batangas

The consortium of Manila Water Company, Inc. and its subsidiary Manila Water Philippine Ventures has recently secured a deal that makes it the sole water and sanitation services provider of Tanauan City in Batangas for the next 25 years. The joint venture agreement, which will be implemented with Tanauan Water District, will have a capital expenditure of more than 11.5 billion. The deal involves the design, construction, rehabilitation, maintenance, operation, financing, expansion and management of the water supply and sanitation facilities and services of the water district. Manilla Water Philippine Ventures President and CEO Virgilio C. Rivera Jr. said this partnership aims to assist Tanauan Water District in increasing service coverage by delivering as much as 27.5 million liters of water per day by year 2043 to the 48 barangays it serves. Over the years, Manila Water, through its subsidiary Manila Water Philippine Ventures, has successfully brought its services to more locations outside the East Zone of Metro Manila, including various cities, municipalities, and communities in Bulacan, Pampanga, Pangasinan, Laguna, Cebu, Boracay, Davao, and Zamboanga. It was just last week when the Ayala-led firm announced that it has been granted the franchise to provide water supply services in the Municipality of Manaoag in Pangasinan. Through an estimated capital investment of over P588.66 million, the 25-year franchise of the water company is expected to deliver 9 million liters of water per day in Manaoag. (MBM)