Baciwa inks pact with Prime Water

By Dolly Yasa

 

Bacolod City Water District (BACIWA) board chairman Lorendo Dilag announced Friday that Baciwa and Prime Water have signed a Joint Venture Contract on water distribution services.

He said that by November 1, or after the 3-month transition period, Prime Water will commence implementing its P1.6 billion pipe-laying project.

Prime Water is set to invest P6.3 billion in the 25-year joint venture.

Dilag said the joint venture is the answer to the water problems of the city.

Considering that Baciwa does not have enough funds for expansion and improvement of services, the board considered a joint venture with a private proponent.

He pointed out that through the partnership, Baciwa aims to improve water availability to 24 hours-seven days a week to existing consumers and new growth areas; install or construct additional transmission and distribution lines supported with technically advanced infrastructure, and replace or rehabilitate aging infrastructure and facilities.

With Dilag in the press conference were Baciwa directors Mona Dia Jardin, board vice president Lawrence Villanueva, Prime Water Vice President Romeo Sabater, and Atty. Gilbert Galvez.