Manila Water seals P742-M Pangasinan water supply deal

• Source: https://business.mb.com.ph/2018/10/16/manila-water-seals-p742-m-pangasinan-water-supply-deal/
• Friday, October 19, 2018

By James A. Loyola

Manila Water Philippine Ventures, Inc. (MWPV), a wholly-owned subsidiary of Manila Water Company, Inc., has been given the green light to start a P742 million water supply and septage management project in San Fabian Pangasinan.

In a disclosure to the Philippine Stock Exchange, Manila Water said MWPV has received a Notice to Proceed from the Municipality of San Fabian.

This comes after the enactment by the Municipality of “An Ordinance Granting Manila Water Philippine Ventures, Inc. a Franchise to Establish, Construct, Operate, Manage, Repair, and Maintain Water Supply System and Facilities, and the Provision of Septage Management in the Municipality of San Fabian, Pangasinan.”

The Municipality of San Fabian is located North East of Calasiao in the Province of Pangasinan, where Manila Water has a Concession Agreement with the Calasiao Water District.

The franchise granted to MWPV shall be for a term of 25 years with an assumed billed volume of 12.6 million liters of water per day MLD by the end of the franchise period. The project is expected to be operational by 2019.

Just last week, MWPV also received the Notice of Award from Tanauan Water District (TWD) for the implementation of their joint venture for a P1.51 billion water supply and sanitation project.

This calls for the design, improvement, upgrade, rehabilitation, and expansion of water supply and sanitation facilities, including the financing and construction of such facilities and infrastructure in the service area of the TWD.

It also includes the management, operation and maintenance of water supply and sanitation facilities and the provision of the services necessary or incidental thereto in the TWD’s service area.