Maynilad inks water supply deal with INC complex
MANILA, Philippines—A unit of Maynilad Water Services Inc. has signed a 20-year deal with the Iglesia ni Cristo on the bulk water supply for Ciudad Victoria in Bulacan, the 75-hectare complex that will house “the world’s largest dome-arena.”
Maynilad said in a statement that Philippine Hydro Inc. (PhilHydro) has committed to the phased delivery of 10,000 cubic meters a day (CMD) of potable water to Ciudad de Victoria.
The mixed-use development—which straddles the border of Bocaue and Santa Maria municipalities—will also include a university, medical facility, chapel and a housing project.
Over the two years beginning in July, PhilHydro will provide the complex with 2,000 CMD and, for the succeeding three-year period, will double the volume to 4,000 CMD.
By 2028, water supply delivery to Ciudad Victoria will have reached 10,000 CMD.
According to Cherubim Ocampo-Mojica, head of corporate communication of Maynilad, the contract provides an option for renewal at a term that would still depend on any possible future agreement.
PhilHydro is expected to spend P250 million to lay more than 17 kilometers of pipe that would link Ciudad de Victoria to the company’s Norzagaray water treatment plant, where raw water from Angar River is processed.
In 2012, Maynilad took over the management and operations of PhilHydro, which also supplies treated water to local water districts in Norzagaray, Sta. Maria and Bambang in Bulacan as well as Legaspi City in Albay and also the local government of Rizal in Nueva Ecjia.
In a separate development, Maynilad has signed up to share with Manila Water Co. Inc. the cost of the Sumag River diversion project in Quezon province, which is expected to reach P717 million.
Maynilad and Manila Water will build a 600-meter tunnel from the Sumag River in General Nakar town to the Umiray-Angat Transbasin Tunnel in Angat, Bulacan.
Once completed, the tunnel will add to the inflow of water to Angat Dam by 188 million liters a day, which is expected to help address the increasing water needs of households in Metro Manila and nearby areas.
