Cebu water consumers can expect improved supply services after Filinvest’s utility arm, FDC Utilities Inc., secured a 25-year bulk water supply deal with Metro Cebu Water District (MCWD), the company said.
In a statement, FDC Utilities said the island’s largest water utility had given its subsidiary, FDC Water Utilities Inc., a notice of award for its unsolicited proposal to put up desalination plants to supply potable water to Cebu City, Lapu-Lapu City and Talisay City.
FDC Water Utilities secured the contract after its success in the competitive challenge process as prescribed by the 2013 Neda joint venture guidelines between the government and private entities, which allow compe…
Keep on reading: Filinvest unit bags 25-year Metro Cebu water deal