Manila Water unit participates in Davao del Norte industrial estate

MANILA, Philippines — A unit of Manila Water Co. Inc. is investing P150 million to put up and operate the water system of Damosa Land Inc.’s (DLI) new industrial estate in Davao del Norte.

In a statement, Manila Water said its subsidiary Manila Water Philippine Ventures Inc. (MWPV) signed a 25-year partnership with DLI to develop and manage additional water facilities for Anflo Industrial Estate (AIE).

Under the partnership, MWPV will invest at least P150 million for the development, financing, construction, operation, and management of the industrial estate’s water system.

This partnership brings in additional water facilities to be integrated into the existing system to meet the projected demand of 2.6 million liters of water per day.

“Damosa Land recognizes the importance of having a reliable water supply system for our locators to ensure efficient day-to-day business operations over a long period of time. Our partnership with the MWPV helps us further accelerate our sustainable operations at the Anflo Industrial Estate and upraise the industrial segment of Davao for our current and future locators,” DLI president Ricardo Lagdameo said.

This sustainable solution to the overall business operations of DLI aligns with their vision for efficient water usage to reduce costs despite increased demand.

Manila Water COO for international businesses and chief administrative officer Roberto Jose Locsin said the company look towards the growth in the Visayas and Mindanao regions as it eyes opportunities to expand our services beyond the east zone of Metro Manila and Rizal province.

“It would be a great honor and privilege for us in Manila Water to fulfill this vision, whether through serving them via industrial opportunities like the Damosa Land Industrial Estate or through future opportunities within the Davao region where we can share our experience and expertise in water and wastewater management to the people of Mindanao,” he said.