Manila Water Philippine Ventures takes 100 percent ownership of Davao Del Norte Water Infrastructure Company, Inc.  (Davao Water) after the acquisition of all shares of iWater Inc.

Davao Del Norte Water Infrastructure Company, Inc. (Davao Norte Water), the consortium of Manila Water and iWater, Inc., formalized its joint venture agreement with the Tagum City Water District for a fifteen-year water project that will supply an additional 38 million liters of water per day (MLD) to Tagum City.