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Manila Water, partners ink deal to manage, operate Saudi Arabia water utility
ABS-CBN News
Posted at Dec 04 2020 11:49 AM
MANILA - Manila Water and its international partners inked a 7-year deal to "manage, operate and maintain" the water and wastewater facilities of Saudi Arabia's North West Cluster, the company told the stock exchange on Friday.
Manila Water said together with Saur SAS and Miahona Company, the 7-year contract period will entail implementing "enabling projects and deployment of key personnel."
The North West Cluster is composed of the Madinah and Tabuk regions, the first of six contracts to be awarded to the private sector and part of the Kingdom's privatization program to improve the quality of water services.
Manila Water holds concessions in Metro Manila's East Zone, Boracay, Cebu, Clark in Pampanga, and Laguna.
It also has projects in Vietnam.
Consumers to see lower water rates in January 2021 on foreign currency adjustment
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Read More:  Manila Water   international ventures  international investments   National Water Company   Saudi Arabia   water concession   water supply  
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