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

RIZAL MEMORIAL COLLEGEspot_img

Related articles

Habagat Brings Rains Across Luzon, Visayas as Typhoon Kiyapo Moves Away

MANILA (July 26) – The southwest monsoon (Habagat) will continue to bring rains over parts of Luzon and...

Davao-Samal Bridge: Big promise, big funding gap, ticking clock

DAVAO CITY  (July 24)  — The promise is bold. The deadline is tight. And the biggest question now...

Marcos confirms Sept. 14, 2026 date for first BARMM parliamentary polls

DATU ODIN SINSUAT, MAGUINDANAO DEL NORTE  (July 24)  — President Ferdinand R. Marcos Jr. on Wednesday confirmed that...

Gov’t rolls out ₱3.4-B projects, aid package for BARMM communities

COTABATO CITY  (July 24)  — The national government has rolled out around ₱3.4 billion in projects and assistance...