Firms offer P7B for MIWD rehab-A A +A
Wednesday, August 6, 2014
TWO Manila-based corporations are offering a joint venture agreement amounting to an initial P7 billion for the major rehabilitation and expansion projects of the Metro Iloilo Water District (MIWD).
Leandro Pantaleon, consultant of firms Kyro Prime Holdings and China CAMC Engineering Co. Ltd., said a team authorized by the two firms have conducted data gathering on Tuesday, August 5, to check the MIWD’s capability to supply potable water to its more than 30,000 concessionaires in Iloilo City and the towns of Pavia, Sta Barbara, Cabatuan, Maasin, and parts of Oton and Leganes.
Pantaleon said the high impact proposal calls for gradual improvement of the water system but will not affect the bulk water supply contract between MIWD and Flo Water Resources and Prime Water.
The bulk water suppliers are currently supplying some 15,000 cubic meters every day to augment the scarce water supply of MIWD.
The consultant said the two firms will concentrate on the expansion of the water system and improve their water services by some 80,000 cubic meters per day after massive rehabilitation in about 10 years.
Pantaleon said the rehabilitation project will cover the sedimentation plant in Sta. Barbara, intake plant in Cabatuan, Iloilo and the water source dam in Maasin, Iloilo.
The firms have two options for MIWD rehabilitation: a public private partnership to be approved by the National Economic and Development Authority (Neda) board and a joint venture agreement with the water district.
Pantaleon said the joint venture may be viewed as partial privatization and assured no dissolution of the water district or displacement of employees once their bid is approved by MIWD and its board of directors.