A majority-owned subsidiary of MacroAsia Properties Development Corp. (MAPDC) has begun construction on a P2-billion water supply project in Iloilo, the company said Tuesday.
The project, which aims to meet the growing demand for potable water in the province, is being led by MAPDC-controlled Boracay Tubi System Inc. (BTSI) through its wholly-owned subsidiary, New Earth Water System Inc. (NEWS).
The initial phase includes the construction of a water treatment facility in Barangay Bongco, Pototan, Iloilo, with a starting capacity of 37.5 million liters per day (MLD), expandable to 50 MLD.
NEWS will also build the necessary transmission lines and a pipeline distribution network to deliver treated water to off-takers in Iloilo City and surrounding municipalities, the company said.
“Water is the lifeblood of Iloilo’s growth, and shortages must not become a barrier to progress. This facility will not only close the immediate supply gap, but will also provide Iloilo with resilient and sustainable water infrastructure for the future,” said NEWS chairman Eduardo Luis Luy.
The company expects to complete the project within two years.
NEWS holds the necessary water rights and permits in Iloilo, including a certificate of public convenience (CPC), allowing it to supply, treat and distribute potable water to Iloilo City and the municipalities of Sta. Barbara, Pavia, Oton, Leganes, Cabatuan, Maasin and San Miguel.
NEWS is a water infrastructure developer focused on delivering sustainable and innovative water solutions in the Philippines.
It is a wholly owned subsidiary of BTSI, which has been majority-owned by MAPDC since December 2016.
MAPDC, a wholly owned subsidiary of MacroAsia Corp., holds investments in economic zones and various water ventures serving communities outside Metro Manila.
 subsidiary starts construction on a P2-billion water supply project in Iloilo to address the province's growing demand for potable water. The New Earth Water System (NEWS) facility will initially provide MLD.){kind=link}