A UNIT of Manila Water Co., Inc. has signed a 25-year partnership with Damosa Land, Inc. to develop and manage water facilities for an industrial estate, the east zone water concessionaire said on Monday.
In a statement, Manila Water said its subsidiary Manila Water Philippine Ventures, Inc. will spend about P125 million for the development, financing, construction, operation and management of the water system of Anflo Industrial Estate
Manila Water said the partnership is expected to meet the estimated demand of about 2.6 million liters per day by bringing in additional facilities which will be integrated into AIE’s existing systems. “We look towards the growth in the Visayas and Mindanao regions where active developers like Damosa Land share a common vision of ensuring water security and availability to all Filipinos,” Mr. Locsin said.
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