A unit of Metro Pacific Investment Corp (MPIC) is launching a joint venture company with Metro Iloilo Water District (MIWD) for the rehabilitation and expansion of the latter’s existing water distribution business pegged at $246 million (P12.35 billion).
MPIC disclosed on Thursday (December 21) that its subsidiary MetroPac Water Investments Corp officially received from MIWD the Notice of Award for the rehabilitation, operation, maintenance, and expansion of MIWD’s existing water distribution system and construction of wastewater facilities.
