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MetroPac Water Investments Corp. (MPW) has signed a joint venture agreement with Dumaguete City Water District (DCWD) to rehabilitate, operate, and expand DCWD's water distribution and wastewater facilities for P1.62 billion. The 25-year project includes an initial equity investment of P700 million.
“MPW has signed a joint venture agreement with DCWD for the rehabilitation, operation, maintenance, and expansion of the latter’s existing water distribution system and the development of wastewater facilities.”bworldonline.com
Summarized from public sources; check the original articles before acting on it.