We reply to your request for clarification and/or confirmation on the news article entitled “House OKs Maynilad, Manila Water franchises” posted in philSTAR.com on August 4, 2021. The news article reported that:
“MANILA, Philippines — The House of Representatives yesterday approved the renewal of the legislative franchises of water concessionaires Maynilad Water Services Inc. and Manila Water Co. Inc.
In plenary session, an overwhelming majority of congressmen voted to pass on third and final reading the bills granting another 25-year franchise to both firms.
Voting 206-7 with no abstention, the Lower House approved House Bill 9423, or 'An Act Granting Manila Water Co., 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.’
. . . .
Under the approved bills, Maynilad and Manila Water will be allowed to develop, finance, construct, install, maintain and operate, as their operations may require, water sources, including new raw water sources, including deep wells, dams, aqueducts, tunnels, treatment plants, reservoirs, pump stations and facilities for transmission, conveyance and distribution of water including pipelines, machineries and other waterworks for the purpose of supplying water in their franchise areas, for domestic, commercial, industrial and other purposes.”
We confirm the accuracy of the above quoted article.
This pending bill in Congress to grant a franchise to MWC is consistent with and pursuant to the characterization of MWC as a public utility under the Revised Concession Agreement with MWSS. Having just passed the House of Representatives, the bill will now be deliberated in the Senate, starting with the Committee on Public Services.
Thank you. |