Manila Water unit bags contract in Tanauan
Ayala-led Manila Water Philippine Ventures Inc. won a contract to develop the water supply system in Tanauan, Batangas.
In a stock exchange filing, Manila Water Company Inc. said it received the notice of award from the Tanauan Water Distrct for the implementation of a joint venture project for the design, upgrade and expansion of water supply and sanitation facilities.
The project is estimated to cost P1.51 billion over the 25-year contract period. It is expected to deliver a potential billed volume of 13.18 million litters per day.