MVP Group finalizes P2.8B CDO bulk water project
A unit of Metro Pacific Investments Corp. and the Cagayan de Oro Water District have formed a joint venture to undertake the supply of bulk treated water to address the requirements of Cagayan de Oro City.
MetroPac Water Investments Corp. (MPW) bagged the 30 year contract that involves the acquisition and construction of a 100-million liters per day (MLD) water treatment plant. It is renewable for another 20 years.
The project also includes the construction of new water transmission lines and rehabilitation of the Camaman-an Reservoir.
It will also eventually involve the delivery of bulk treated water to service the requirements of Cagayan de Oro’s western sector, which currently relies on deep wells for its water supply.
The Cagayan de Oro Water District currently serves a population of more than 700,000 residents and has approximately 85,000 service connections.