WATER DEAL:

Maynilad Water Services, Inc. (Maynilad), through its wholly-owned subsidiary Philippine Hydro, Inc. (PhilHydro), recently signed a 20-year bulk water supply contract with the Iglesia Ni Cristo (INC), for the latter’s Ciudad de Victoria development. Ciudad de Victoria is a 75-hectare complex that sits at the border of Bocaue and Santa Maria in Bulacan. Once completed, the mixed-use development will include a university, medical facility, chapel, housing project and the world’s largest dome-arena, The Philippine Arena. Photo shows (seated, from left), INC legal counsel head Glicerio ‘GP’ Santos, INC general auditor Glicerio ‘Jun’ Santos, Maynilad Chairman Manuel V. Pangilinan, Maynilad President and CEO Victorico Vargas (Standing, L-R): Maynilad Commercial and Marketing Head John Patrick C. Gregorio, Maynilad program management head Yolanda Lucas, Marubeni board representative Sunami Takashi, Maynilad chief legal counsel Lourdes Marivic Punzalan-Espiritu, PhilHydro president Sofronio Adelantar, Maynilad chief finance officer Randolph T. Estrellado, assistant to the Head for commercial and marketing Haruki Sanuki, and PhilHydro logistics head Edmund Dungo.