Monday 22 October
Powered by Ajaxy
manila-water Jun 21, 2018 @ 8:46

Manila Water strengthens partnership with Provincial Gov’t of Laguna

Manila Water Company, Inc., through its subsidiary Manila Water Philippine Ventures, and the Provincial Government of Laguna forged the fourth amendment to the concession agreement of Laguna Water to maximize the positive impact of the public and private sector partnership in the province.

Manila Water said the amendment includes the implementation of environmental charge for environmental services including but not limited to the collection, conveyance, and treatment of wastewater or used water, and the discharge of treated used water to a body of water.

The amendment also stipulates that Laguna Water can get into other concession activities such as joint venture agreements with water districts and business-to-business engagements, among others.

Pursuant to its concession agreement, Laguna Water turned over a P32 million worth of concession fee to the Provincial Government of Laguna. Half of this amount was given to the local government units (LGUs) of the cities and municipalities serviced by Laguna Water namely Biñan, Santa Rosa, Cabuyao, Calamba, Alaminos, Pagsanjan, and San Pablo.

The concession fee received by each LGU was based on the revenue generated in their areas

Laguna Water is the trusted water and sanitation services provider in the province of Laguna, servicing more than 100,000 households, commercial establishments, and industrial companies.


Trending News

Recommended on sister sites

Copyright © 2018 - Latest News on Celebrities, Politikos and Businessmen that loves food!.