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Manila Water, Maynilad franchises ok’d

Republika

The House of Representatives has passed a measure approving franchises to Manila Water Company and Maynilad Water Services.

House Bill 9422, “An Act Granting Maynilad Water Services, Inc. a Franchise To Establish, Operate, And Maintain A Water Supply And Distribution System And Sewerage and Sanitation Services In The West Zone Service Area of Metro Manila and Province of Cavite”, was approved with 206 votes.


Meanwhile, House Bill 9423, “An Act Granting Manila Water Company, Inc. A Franchise To Establish, Operate and Maintain The Waterworks and Sewerage System In The East Zone Service Area of Metro Manila And Province of Rizal”, also got 206 affirmative votes, but seven no votes.


The measures will allow both concessionaires develop, finance, construct, install, maintain and operate water sources as well as new raw water sources and deep wells, dams, aqueducts, tunnels, treatment plants, reservoirs and pump stations. They will also be allowed to operate facilities for transmission, conveyance and water distribution including pipelines, machineries and other waterworks to supply water in the areas indicated, for domestic, industrial and other purposes.


The franchise will be in effect for 25 years barring revocation by Congress.

Photo: Business World


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