Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

How Metro Pacific Water is addressing Iloilo’s rising demand

by
November 21, 2024
in Top News
0
How Metro Pacific Water is addressing Iloilo’s rising demand
0
SHARES
15
VIEWS
Share on FacebookShare on Twitter
METRO PACIFIC WATER President and Chief
Executive Officer
Andrew B. Pangilinan

By Sheldeen Joy Talavera, Reporter

METRO Pacific Water (MPW) is deploying new water solutions in Iloilo City to address the increasing demand, according to the company’s president.

“We have a long way to go in terms of providing the basic water needs for every Filipino, but that is our main objective — we want to give each Filipino an adequate supply of treated water,” MPW President and Chief Executive Officer Andrew B. Pangilinan said in an interview with BusinessWorld.

“We will continue to have discussions with local government units, even on the commercial side, and we will look for ways to come up with new solutions, such as desalination, in providing water and wastewater services to the country,” he added.

MPW is set to develop a P5-billion desalination plant in Iloilo City in partnership with France-based water and wastewater management solutions provider Suez.

The desalination plant is designed to produce 66.5 million liters of water per day.

Mr. Pangilinan said they are targeting to commence construction of the project in January next year, with completion slated for early 2027.

MPW earlier said that Metro Iloilo is “undergoing rapid economic and population growth,” which is putting a “strain” on the existing water resources.

The company signed a joint venture agreement with Metro Iloilo Water District in 2018 for the 25-year concession for the rehabilitation, expansion, and improvement of the water distribution system and wastewater management facilities.

The joint venture, Metro Pacific Iloilo Water, serves Iloilo City and the municipalities of Pavia, Leganes, Sta. Barbara, Cabatuan, Oton, San Miguel, and Maasin.

“Admittedly, for the past few years that we’ve been there, there’s really a water shortage. So right now, the most viable solution, the fastest solution, is putting up a desalination plant,” Mr. Pangilinan said.

He said desalination is the most viable option since other traditional sources, such as surface water and groundwater, are no longer viable in Iloilo due to pollution.

“We still have several groundwater sources being maintained, but they are already showing signs of degradation, so we really need to find a better water source, and right now, desalination is the most viable one,” he said.

A desalination plant is designed to take seawater and remove the salinity to produce fresh water, Mr. Pangilinan said.

Once successful, the company is open to using the project as a guide to replicate it in other areas.

MPW is the water infrastructure investments subsidiary of Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC).

MPIC is one of the three key Philippine units of Hong Kong-based First Pacific Co. Ltd., the others being Philex Mining Corp. and PLDT Inc. Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority share in BusinessWorld through the Philippine Star Group, which it controls.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
ADB backs Ayala’s EV charging network with $100-M loan

ADB backs Ayala’s EV charging network with $100-M loan

Recommended

Cobalt Market Forecast: Top Trends for Cobalt in 2026

Cobalt Market Forecast: Top Trends for Cobalt in 2026

January 20, 2026
Residential vs. Commercial HVAC: Key Differences

Residential vs. Commercial HVAC: Key Differences

September 2, 2024
Interest rate cuts could spark renewed interest in green energy investment trusts

Interest rate cuts could spark renewed interest in green energy investment trusts

August 31, 2024
Trinity Hall, Cambridge names CIBSE President Fiona Cousins an Honorary Fellow

Trinity Hall, Cambridge names CIBSE President Fiona Cousins an Honorary Fellow

October 17, 2024
How 5G Technology Is Changing Business Operations In the UK 

How 5G Technology Is Changing Business Operations In the UK 

December 13, 2024
Why Your Business Needs An Exhibition Stand: A Game-Changer for Growth

Why Your Business Needs An Exhibition Stand: A Game-Changer for Growth

November 13, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Steve Penny: Silver’s Big Move Still to Come, Watch This Price Trigger

    Steve Penny: Silver’s Big Move Still to Come, Watch This Price Trigger

    January 22, 2026
    Skyharbour Announces Major 2026 Exploration Campaign with Denison Mines at Russell Lake Uranium Joint Ventures

    Skyharbour Announces Major 2026 Exploration Campaign with Denison Mines at Russell Lake Uranium Joint Ventures

    January 22, 2026
    Cyprium Metals Limited (ASX: CYM) – Trading Halt

    Cyprium Metals Limited (ASX: CYM) – Trading Halt

    January 21, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved