New Clark City water rate is lowest in PHL

December 13, 2018

Author: admin

New Clark City water rate is lowest in PHL
PrimeWater consortium awarded water concession

Soon-to-be residents and locators of New Clark City will enjoy one of, if not, the lowest water rate
in the country of PhP9.45 per cubic meter, following the awarding of the water and wastewater
infrastructure project to a consortium led by PrimeWater Infrastructure Corporation.

The Bases Conversion and Development Authority (BCDA) is set to sign the Joint Venture
Agreement on December 17, Monday, with the four-member consortium. The other three members
are Prime Assets Venture, Inc. (PAVI), MGS Construction, Inc., and the TAHAL Group.
The consortium submitted the lowest bid of PhP9.45 per cubic meter, besting the PhP11.00 per
cubic meter bid by the Manila Water Company.

The PhP9.45 per cubic meter rate applies for the water supply only. The same amount shall be
charged for wastewater services equating to a total rate of PhP18.90 per cubic meter for the first
five years of the 30-year JV period.

The average basic rates in Metro Manila are around PhP30 per cubic meter. The water rate in New
Clark City is viewed as highly competitive not only when compared against rates for cities in the
Philippines, but also in the region and even globally.

New Clark City, located within the Clark Special Economic Zone, is envisioned to be the first
smart, green, and sustainable metropolis in the country.

PrimeWater has over 30 years of proven experience in providing safe and reliable water
distribution systems throughout the country. It operates in 124 cities and municipalities from the
Cagayan Province in the north to Zamboanga City in the south.

Its partner, Israel-based TAHAL, has been delivering world-class solutions across the fields of
water, wastewater, agriculture, solid waste and natural gas for over 60 years.

-END-

Reference:  Atty. Nena D. Radoc
Chairperson, BCDA Joint Venture Selection Committee for New Clark City Utilities
Telephone No. 575-1764

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