Maynilad open to changes in concession agreement - News Summed Up

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Maynilad open to changes in concession agreement


MANILA, Philippines — West zone concessionaire Maynilad Water Services Inc. is open to possible changes in its concession agreement with the government. We haven't seen anything yet, but we're willing to sit down and look at the concession agreement," Estrellado said in the television interview. Estrellado stressed the need for the government to immediately talk with the water concessionaires as it would affect the companies in the future . The Ayala-led water concessionaire said it would have to cooperate with the Duterte administration to come up with a "workable solution" to the arbitral award. Malacañang accused the water concessionaires of abusing its agreement with the government, making the distribution of water a money-making venture instead of treating it as public service.


Source: Philippine Star December 05, 2019 04:07 UTC



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