Manila Water bags Balagtas contract

MANILA, Philippines — Ayala-led Manila Water Co. Inc. has been awarded the contract to manage the bulk water supply and wastewater services in Balagtas in Bulacan.

In a regulatory filing yesterday, the water utility said it received the notice of award from the Balagtas Water District (BWD) for the implementation of water supply system and sanitation facilities which will be carried out under a joint venture.

The project has an estimated capital expenditure of P400 million over a 25-year contract period.

It is expected to deliver a billed volume of 22 million liters per day.

The contract covers the design, construction, rehabilitation, maintenance, operation, financing, expansion and management of the water supply system and sanitation facilities in Bagtas.

Manila Water and its subsidiary Manila Water Philippine Ventures Inc. will enter into an agreement with BWD to establish a joint venture company that will implement the project.

Manila Water covers the east zone which encompasses parts of Makati, Mandaluyong, Pasig, Pateros, San Juan, Taguig, Marikina, most parts of Quezon City, portions of Manila, as well as several towns in Rizal.

The company operates three other subsidiaries –  Laguna AAA Water Corp., Boracay Island Water and Clark Water Corp.