Manila Water, Maynilad await gov’t-crafted water contracts

Manila Water

Government-authored new water concession agreements have not yet hit Maynilad Water Services Inc. and Manila Water Co. Inc.

Last Tuesday, President Rodrigo Duterte offered water companies Maynilad and Manila Water new concession agreements that do not contain provisions that are allegedly detrimental to the government and the public.

In the event that Maynilad and Manila Water refuse to accept new agreements, Duterte will order the cancelation of their current water contracts, order the nationalization of water services in their respective areas of operation, and prosecute all those involved in the current arrangements, said Salvador Panelo, President.

But so far, the two Metro Manila Water concessionaires said they had not yet seen any new contracts.

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