Manila Water Philippine Ventures forges partnership with TPGI for another Pangasinan water project

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In photo (seated from left) are TGPI Chief Operating Officer Conrad Belisario; Manila Water Philippine Ventures President and CEO Virgilio Rivera, Jr.; TGPI President Ryan Yapkianwee; Filipinas Water President Abelardo Basilio; with Manila Water Company Inc. President and CEO Ferdinand Dela Cruz (standing); and the rest of Manila Water Philippine Ventures North Luzon Regional Business Development team headed by Robert Baffrey (8th, standing).

Following its recent foray in Calasiao and San Fabian, both in the province of Pangasinan, Manila Water Philippine Ventures, a wholly-owned subsidiary of Manila Water Company, Inc., continues to expand its presence in the province as it recently signed and executed a Joint Venture Agreement with Tubig Pilipinas Group, Inc. (TPGI) for a water supply project that will benefit the municipality of Malasiqui.
 
Under the agreement, Manila Water Philippine Ventures and TPGI shall form a joint venture company to establish, construct, operate, manage, repair and maintain the water supply systems and facilities in the municipality.
 
TPGI has 50 years in the pipe manufacturing industry and has more than 30 years of experience in bulk water supply, water distribution system and wastewater management.
 
Under the agreement, the Ayala-led water company and TPGI shall own equally divide the capital stock of the joint company.


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