Duterte to review recommendations on water contract with Maynilad, Manila water

Date:

Share post:

DAVAO CITY — President Rodrigo Duterte announced that he would be reviewing the recommendations on the water concession agreements with Manila Water Co. and Maynilad Water Services, saying he would be okay with the agreements as long as the concessionaires “payback” the consumers.

“I will review the contracts that are proposed by the government panel to the Ayala and the Pangilinan consortium. Ako, okay na ako basta mabawi lang ng pera ng tao even in installment . . . but you have to make some amends,” the President said during his televised address aired Friday morning.

The President said his outburst was triggered by an unjust collection of money from the Filipino people adding, however, that he is willing to forget it. He already apologized to the Ayalas and Pangilinan for his hurtful words.

“Nagkalma ako kasi whether I like it or not, water is very important in our lives. So okay na lang ako, but iyong nawala sa tao, kung ano ang nawala sa kanila, that has to be paid back, whether in installments over a period of years, but you have to return the money to the people,” he said. “Just give us a contract that is fair and also a fair return on the money of the people,” Duterte stressed.

The concessionaires may have their contracts in their liking, President Duterte said, but if not, then the government will proceed with the filing of cases.

But to achieve “equity and fairness”, the money should be returned to the people, he noted.

The Chief Executive branded the agreements with the water concessionaires as “onerous” and has ordered to craft new concession agreements with the two water companies.

The President warned that he would nationalize water distribution services should the water firms reject the new contracts without the onerous provisions.-PND

spot_img

Related articles

₱68-M Shabu Found in Abandoned “Bao-bao” in ZamboSur

ZAMBOANGA DEL SUR (April 30)  — What began as a routine checkpoint inspection led to a major drug...

53-0 VOTE ROCKS DUTERTE CAMP: HOUSE PANEL OKs IMPEACH RAP

CAGAYAN DE ORO CITY (April 30)  — The impeachment push vs. Vice President Sara Duterte just hit overdrive...

₱100-M WATER FIX COMING! SAMAL LAUNCHES KAPUTIAN BULK WATER PROJECT

ISLAND GARDEN CITY OF SAMAL (April 30)  — Relief is finally in sight for water-starved communities as Samal...

FUEL CRISIS SQUEEZES PAYCHECKS: BARMM EYES ₱1.4-B LIFELINE FOR LOW-WAGE WORKERS

COTABATO CITY (April 30)  — As fuel prices surge and ripple through transport, food, and basic goods, the...