The value of the water franchise

Published by
Philippine Star

Tycoons Manuel V. Pangilinan, Enrique Razon, and their respective partners, Isidro Consunji, and the Zobel brothers, have reasons to pop the champagne bottles despite the very challenging times. This, after President Duterte signed the laws granting Pangilinan-led Maynilad Water Services Inc. and Razon-led Manila Water Co. Inc. each a 25-year franchise. Maynilad, the west zone concessionaire, is the water utility arm of Pangilinan’s Metro Pacific Investments Corp. with the Consunji Group’s DMCI Holdings as its partner, while Manila Water, the east zone concessionaire, is now led by Razon – eve…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *