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Article: Philippines: Bulk-water supplier offers $255-M plan.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
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Byline: deepak03
THE Sierra Madre Water Corp. (SMWC) has submitted to the Manila Water Corp. and Maynilad Water Services Inc. an offer to supply 700 million liters per day (MLD) of bulk water over 25 years conforming to a standard build-operate-own agreement for infrastructure.
Rolando Zosa, SMWC president, said if their offer is accepted, they are committing $255 million for the surface-water project that is designed to keep up Metro Manila water supply in step with increasing need. Water will be sourced from at least 11 rivers in peak rainfall in areas of Laguna and Quezon provinces.
The first 350 MLD could be available within 24 months from ...