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MRII starts bulk supply to Bacolod water district

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CEBU-BASED Mactan Rock Industries, Inc., (MRII) officially activated its bulk water deal with Bacolod City Water District (BCWD) on Monday, starting with a 10-cubic meter daily supply. BCWD and MRII, along with partners TGV Builders, Inc. and Tubig Pilipinas Group, Inc., have a 25-year contract for the bulk water supply project. MRII Chairman Antonio Camelo P. Tompar said the initial investment for the project, which is under a build-operate-transfer scheme, was about P800 million. Under the contract, the supply could be expanded to as much as 75,000 cubic meters over the next 10 years. Mr. Tompar said MRII is also currently negotiating with Metro Cebu Water District for a bulk supply deal. — The Freeman

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