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Water privatization in Metro Manila began when the then President of the Philippines, Fidel Ramos, instructed the government in 1994 to solve what he called the water crisis in Manila by engaging with the private sector. In 1997, two concession contracts for the Eastern and Western halves of Metro Manila were awarded after an open competition.
In the case of a management contract, the price is the management fee (fixed fee plus performance-based fee); in the case of a lease it is the lease fee per unit of water sold; in a concession it is the water tariff; and in an asset sale it is the price paid for the company.
Levels of water systems in the Philippines; Level I Stand-alone water points (e.g. handpumps, shallow wells, rainwater collectors) serving an average of 15 households within a 250-meter distance Level II Piped water with a communal water point (e.g. borewell, spring system) serving an average of 4–6 households within a 25-meter distance
Cebu Water is an investment agreement between the Provincial Government of Cebu (PGC), and Manila Water Consortium where of 51 percent is owned by the consortium The agreement calls for the development and operation of a water supply system that will supply 35 million liter of water per day to target cities and municipalities in the central and ...
mwss .gov .ph. The Metropolitan Waterworks and Sewerage System [1] ( Tagalog: Pangasiwaan ng Tubig at Alkantarilya sa Kalakhang Maynila ), [5] formerly known as the National Waterworks and Sewerage System Authority (NAWASA), is the government agency that is in charge of water privatization in Metro Manila and nearby provinces of Cavite and ...
This is a list of bottled water brands. Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic, cartons, aluminum, or glass water bottles. Bottled water may be carbonated or not. Sizes range from small single serving bottles to large carboys for water coolers. The environmental ...
Here are three no-brainer stocks to buy now for $100. A stock chart overlaid on top of an image of a $100 bill. Image source: Getty Images. 1. Starbucks. Starbucks (NASDAQ: SBUX) has a traffic ...
The Beverage Marketing Corporation (BMC) states that in 2013, the average wholesale price per gallon of domestic non-sparkling bottled water was $1.21. BMC's research also shows that consumers tend to buy bottled water in bulk from supermarkets (25.3%) or large discount retailers (57.9%) because it costs significantly less.