The Vice President warns that putting water corporations on blast may have an adverse effect on investments in the country.
The Metropolitan Waterworks and Sewerage System alsoof their supply contracts until 2037, which meant that the two firms are only assured business until 2022 unless a new deal is reached.
Duterte said he wants new water supply contracts with the private firms. Manila Water and Maynilad earlier warned that cutting their contracts short could trigger water rate increases due to the shorter period given for them to recover their investments. But Robredo said the Duterte administration should not have waited to push for a renegotiation of water deals until the latest arbitral ruling in favor of Manila Water.middle of 2016,Bakit pa hinintay na lumabas ‘yung desisyon na to? Bakit hindi gumawa ng mga hakbang noon pang[Translation: This administration has been in office for three and a half years.
She also balked at Duterte’s plan for the government — or even the military — to take over the operations of water firms.
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