Tuesday, April 3, 2012

$3-B investments in sewerage projects seen

The Philippines is set to get about $3 billion in investments in water sewerage projects alone and is keen on public-private partnership projects for new water sources besides Angat Dam. 
This was disclosed by Ramon Alikpala, chair of the Metropolitan Waterworks and Sewerage System, during the Japan External Trade Organization workshop on private-public partnership (PPP) projects organized in cooperation with the PPP Center. 
Metro Manila’s water services concessionaires Manila Water Co. Inc. and Maynilad Water Services Inc. will invest the $3 billion under their current concession programs, Alikpala said. Asked whether the government would still consider developing the Laiban dam project in Rizal, for which San Miguel Corp. had submitted an unsolicited proposal, Alikpala said it was still one of the options but the scale might be different.
Link (submitted by Quirino)

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