Manila Water targets deals to expand presence in PHL | Lenie Lectura

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Manila Water targets deals to expand presence in PHL | Lenie Lectura
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A top official of Manila Water Co. Inc. said over the weekend that the water concessionaire might seal another deal soon that would expand its presence in the country. Know more:

A top official of Manila Water Co. Inc. said over the weekend that the water concessionaire might seal another deal soon that would expand its presence in the country.

Previously, its subsidiary, Manila Water Philippine Ventures Inc., bought 107,601,639 shares of Metropac Water Investments Corp. in Manila Water Consortium, Inc. . The deal hiked Manila Water’s interest in the consortium to 84 percent.Manila Water is already present in Makati, Pasig, Pateros, Marikina, Mandaluyong, San Juan, Taguig, some parts of Quezon City, Manila, and Rizal province.

Outside the country, Manila Water is present in Thailand, Vietnam, Saudi Arabia, Indonesia and Myanmar.

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