Manila Water outlines Obando joint venture

Manila Water Co. Inc. outlined the salient points of a joint venture agreement between its consortium and the Obando Water District (OWD) for a project in Bulacan.

Manila Water told the local bourse on Tuesday that the agreement between Obando Water Concession Consortium Holdings Corp. (OWCHC), a consortium it created with subsidiary Manila Water Philippines Ventures Inc. and the OWD will handle the concession for the design, construction, rehabilitation, operation, maintenance, funding, expansion and management of water and sanitation services in Obando.