August 27, 2025 | 12:00am
MANILA, Philippines — Aboitiz InfraCapital Inc. (AIC) yesterday mentioned its deliberate P5.12-billion bulk water provide challenge with the Iloilo Metropolis authorities will convey a number of operators into town’s water system, a transfer seen as enhancing the reliability, accountability, and repair supply for households and companies.
AIC mentioned that by participating a number of operators, the challenge creates built-in redundancy, permitting the system to proceed functioning even when one supplier experiences operational disruptions.
The agency mentioned the multi-operator method encourages collaboration whereas lowering the chance of service interruptions for households and companies.
It added that such a system additionally builds a resilient, sustainable infrastructure the place all stakeholders profit, with shoppers as the first winners.
“We see the Iloilo Bulk Water Provide Challenge as a crucial step in constructing a extra resilient and future-ready Iloilo,” AIC president and CEO Cosette Canilao mentioned.
“By working carefully with private and non-private stakeholders, we intention to create a water infrastructure system that not solely meets right now’s wants but in addition helps town’s progress and competitiveness within the years forward,” she added.
The unsolicited public-private partnership (PPP) is anticipated to deal with and ship 86 million liters of water per day to a number of metropolis off-takers, together with distribution corporations.
Uncooked water might be diverted from recognized sources to a central remedy facility earlier than being distributed to the off-takers.
A challenge temporary offered by AIC to The STAR signifies that the water might be sourced from the Jalaur River Multipurpose Challenge II or different “viable floor water sources.”
The concession interval spans a complete of 33 years, together with three years allotted for building.
Earlier in Might, AIC introduced it has secured the unique proponent standing (OPS), that means it’s acknowledged because the preliminary developer of the Iloilo Bulk Water Provide Challenge.
This standing offers AIC precedence in negotiating the public-private partnership, topic to the total aggressive choice course of.
