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Friday, March 29, 2024

Palace: Better water service with new deal

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The government has completed the renegotiation of a new concession deal with Manila Water Inc. over a year after President Rodrigo Duterte alleged that the existing agreement was disadvantageous to the public.  

“A revised concession agreement was formed that gives better water service in Metro Manila, and is advantageous to government and consumers,” presidential spokesperson Harry Roque said. 

Roque said the revised concession deal was now “advantageous” to both the government and the consumers. 

He said the deal removed clauses that ban government “interference,” and recognized Manila Water as a public utility that makes it “more accountable” to the government and the public, among other things. 

“After a year, we confirm that the renegotiation of the 1997 MWSS concession agreement with Manila Water Corporation has been completed. Next will be with Maynilad,” Roque said. 

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Duterte had previously slammed Manila Water and Maynilad for allegedly milking billions from the people and the government over the disadvantageous 1997 water contract. 

The President had threatened to sue the water firms due to the “onerous” provisions of theirs contract with the government. 

Justice Secretary Menardo Guevarra said officials of the Ayala group-led Manila Water Co. Inc. and the state regulator, Metropolitan Waterworks and Sewerage System signed the revised contract.

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