PRESIDENT Ferdinand Marcos Jr. on May 16 said that business tycoon Manuel V. Pangilinan has agreed to restore water supply in Cagayan de Oro. The President said he has talked to Pangilinan, who owns the Cagayan de Oro Bulk Water Inc. through Metro Pacific Water, about COBI's plan to stop providing water to the Cagayan de Oro Water District (COWD) over its failure to settle a debt amounting to P470 million. "We talked to Mr. Manny Pangilinan of Cagayan de Oro Bulk Water Inc. to restore normal water supply while we look for a long-term solution to this problem," Marcos said in a speech at the Pimentel Convention Center in Cagayan de Oro. Meanwhile, the President directed the Local Water Utilities Administration to study the possible management of Cagayan de Oro Water District to address water supply issues. "We will not allow the people of Cagayan de Oro to be denied their right to adequate, clean and safe water supply," he added.

Source: The Local May 16, 2024 16:15 UTC