A wholly-owned subsidiary of Metro Pacific Investments Corp. said Monday it secured an original proponent status from the local government of Pampanga for the Pampanga Bulk Water Supply Project.
Under the province’s public private partnership code, MetroPac Water Investments Corp. can now proceed to detailed negotiations with the province for the project.
Upon successful completion of negotiations, the project will be subjected to competitive challenge consistent with the code.
The proposal was originally submitted by MPW to the province on Dec. 7, 2015. The province, including the highly-urbanized city of Angeles, has a total population of 2.6 million, according to the 2015 census.
MetroPac Water is pursuing water projects around the country. MetroPac Water received a notice of award on March 23 for the P2.8-billion Cagayan de Oro 100-million-liter-per-day bulk water project.
The project, which has a term of 30 years and renewable for another 20 years, involves the acquisition and construction of a 100-MLD water treatment plant, construction of new water transmission lines and rehabilitation of the Camaman-an Reservoir to supply the Cagayan de Oro Water District.
The network currently serves a population of more than 749,000 people, with 90,000 active service connections.
MetroPac Water is currently operating water projects that collectively provide 150 MLD of water in Cebu, Laguna and Iloilo.
The water company also acquired in June 2016 around 65 percent of the outstanding capital stock of Eco-System Technologies International Inc., a company involved in designing, supplying, constructing, installing and operating and maintaining wastewater and sewage treatment plant facilities.
Aside from MetroPac Water, MPIC also owns majority interest in Maynilad Water Services Inc., the water concessionaire for the west zone of Metro Manila.