Manila Water unit signs deal for Obando concession

MANILA WATER Company, Inc., through one of its consortiums, has signed a joint-venture agreement (JVA) for water supply services in Obando, a town immediately north of Metro Manila. The JVA was between Obando Water Consortium Holdings Corp. (OWCHC) and the Obando Water District (OWD). OWCHC is a consortium of Manila Water and its wholly-owned subsidiary Manila Water Philippine Ventures, Inc. Under the deal, OWCHC and OWD will form a joint-venture company that will undertake the design, construction, rehabilitation, operation, maintenance, financing, expansion and management of water facilities and the provision of water and sanitation services in Obando.