Ayala Land, Manila Water set sights on Laguna

PROPERTY GIANT AYALA LAND INC. AND AFFILIate water concessionaire Manila Water Co. have teamed up on a new framework on the development and operation of a water and wastewater utility service in Laguna.

The partnership will open up a new business stream for Manila Water in terms of putting up a large-scale pipeline and plumbing infrastructure in Laguna while benefiting Ayala Land and the consumers in terms of lower water distribution cost.

“Manila Water is looking for the next East Zone [its concession area in Metro Manila] and we think that the next East Zone is really Laguna,” said Perry Rivera, director for regulation and corporate development.

“We realized that there are potential synergies and this is just the first of the series of moves where our companies will partner,” he said.

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