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Business

Manila Water bags P1.5-billion project in Batangas

Louise Maureen Simeon - The Philippine Star
Manila Water bags P1.5-billion project in Batangas
In photo (from left) are Manila Water Philippine Ventures South Luzon business development head Real Magtangob, Tanauan Water District vice chairperson Erlinda Nazareth, MWPV president and CEO Virgilio Rivera Jr., Tanauan City Mayor Jhoanna Corona-Villamor, Manila Water Co. president and CEO Ferdinand dela Cruz, TWD general manager Feliciana Sumague, MWC subsidiary operations group director Abelardo Basilio and joint venture selection committee chairman Benedicto Capule.

MANILA, Philippines — Ayala-led Manila Water Co. Inc. has secured a P1.5 billion contract to manage the bulk water supply and wastewater services in Tanauan City in Batangas.

In a regulatory filing, Manila Water said it signed a joint venture agreement with the Tanauan Water District to implement a project that would improve the provision of water supply and sanitation services in the area.

It was in October 2018 when Manila Water received the notice of award from TWD for the implementation of water supply system and sanitation facilities.

The 25-year deal involves the design, construction, rehabilitation, maintenance, and operation of the water supply and sanitation facilities and services of the water district.

Manila Water said the partnership aims to assist the 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.

TWD said with the developments in the city, coupled with the growing requirements for reliable water supply and sanitation services, it sees the need to acquire reliable skills and competencies, as well as sufficient capitalization.

Manila Water, through its subsidiary Manila Water Philippine Ventures, continues to expand its reach outside the east zone particularly in Bulacan, Pampanga, Pangasinan, Laguna, Cebu, Boracay, Davao, and Zamboanga.

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.

vuukle comment

MANILA WATER CO. INC.

TANAUAN WATER DISTRICT

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