Manila Water Co. Inc. subsidiary Filipinas Water Holdings Corp. (FWHC) is selling 90 percent of its holdings in Bulakan Water Co. Inc. (BWCI) and a similar stake in Obando Water Co. Inc. (OWCI) to SMC Bulacan Water Services Corp. for P1.02 billion.
BWCI is a joint venture corporation with the Bulakan Water District operating the water and sanitation concession in the municipality of Bulakan while OWCI is a joint venture corporation with the Obando Water District operating the concession in Obando also in Bulacan.
Prior to this development, San Miguel Corporation’s Luzon Clean Water Development Corp. (LCWDC) provided water services to the province through the Bulacan bulk water supply project (BBWSP), a public private partnership project of the national government.
Just last year, the LCWDC said it will also make available affordable water from the Angat reservoir to more than 350,000 households in Bulacan by early 2025 with the implementation of Stage 3A of the BBWSP covering the water districts of Baliwag, Norzagaray, Hagonoy, Pandi, San Ildefonso, San Miguel and San Rafael.
LCWDC supplies treated bulk water to 13 water districts of Bulacan that, in turn, distribute to 220,000 households in cities and municipalities that include Balagtas, Bocaue, Marilao, City of Meycauayan, Obando, City of San Jose Del Monte, Bulakan, Calumpit, Guiginto, City of Malolos, Paombong, Plaridel and Sta. Maria.
Manila Water mainly serves customers in Makati, Pasig, Pateros, Marikina, Mandaluyong, San Juan, Taguig, some parts of Quezon City and Manila; and several towns in Rizal province that include Taytay, Teresa, Angono, Antipolo, Baras, Binangonan, Cainta, San Mateo and Rodriguez.
It has partnerships with water districts in Tagum, Davao del Norte, Bulacan, Clark in Pangasinan, Calasiao in Pangasinan, San Jose in Nueva Ecija, Laguna; Boracay in Aklan and Cebu.
Overseas, Manila Water also operates in Thailand, Vietnam, Saudi Arabia, Indonesia and Myanmar.
