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Saturday, April 20, 2024

Water partnership

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Damosa Land Inc. (DLI) recently signed a 25-year partnership with Manila Water Philippine Ventures, Inc. (MWPV) to develop and manage additional water facilities for Anflo Industrial Estate (AIE).

At the ground-breaking ceremonies were (left to right): Damosa Land president Ricardo ‘Cary’ Lagdameo; Rannel Flores, project hjead of Anflo Industrial Estate; Roberto Jose Locsin, chief administrative officer of Manila Water and chief operating officer of Manila Water International Business; Melvin John Tan, chief operating officer of Manila Water Philippine Ventures; and Maidy Lynne Quinto, group director, Manila Water Subsidiary Operations.

MWPV will be investing at least P150 million for the development, financing, construction, operation, and management of the water system of AIE.

Anflo Industrial Estate (AIE) is a 63-hectare property located in Panabo, Davao del Norte.

“Damosa Land recognizes the importance of having a reliable water supply system for our locators to ensure efficient day-to-day business operations over a long period of time,” said Damosa Land president Ricardo ‘Cary’ Lagdameo.

MWPV, a business unit under Manila Water Company, explores potential projects in both water and environmental services with focus on geographic expansion.

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